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melody432

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melody432

Re: None

Tuesday, 11/17/2020 1:44:06 AM

Tuesday, November 17, 2020 1:44:06 AM

Post# of 7495
Couple of points on the share based employee compensation plan. It was voted in by shareholders that were 85% Australian at the time. So only have yourselves to blame. Evidently Australians didn't hate it until the options were actually granted.
So far the plan has been a little over 6% dilutive over the past couple years. The current package adds an additional 15% dilution over the next 6 years. If you do a little research you'll find that to be on the low end of this type of plan which is common today in tech land.
Execution of the business plan is vastly more important.
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