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shareholders are getting ripped off

  1. 473 Posts.
    rhythmz,

    i deliberately ignored in my last post that in addition to the MASSIVE increases in all directors' remuneration, and the large amounts of FREE SHARES DIRECTORS GAVE THEMSELVES AT SHAREHOLDERS EXPENSE, all the additional options (which have also basically been given away for nothing)

    I am all for free market capitalism. however, rather than giving yourself a massive pay rise, and then on top of that, back dating it 6 months, how about directly incentivise yourself to the company, and SHAREHOLDERS INTERESTS, by issuing options at reasonable prices and reasonable strikes so that directors are rewarded IF and when the share price rises...

    to literally give away over $1 million of shareholders funds when your market cap is already so small, and the share price has halved, is a RIP OFF
 
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