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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU

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To: The Fix who wrote (3553)6/22/1998 12:30:00 PM
From: ossie  Read Replies (1) of 4718
 
Re options.

No,I don't really have a problem with options as long as it is not abused.We have to remember that Directors receive no other compensation and so they have to have some way of making some money.In a lesser way,employees should benefit too.

I DO have a problem with reductions in exercise prices,and as I said in a previous post,it doesn't look like ANZ is going to put that up for a vote at the Annual Meeting.Any such reduction does have to be approved by shareholders.

Ossie
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