(04-16-2016, 01:06 AM)Thylacine-2 Wrote:
(04-16-2016, 12:56 AM)2126 Wrote:RE: RSUs and 2016 Managment Information Circular for AGM
This from Cynthia Black at IOC:
"- One RSU converts to one common share, with time restrictions on the conversion.- The management information circular should be available in a few weeks. If you are a registered shareholder, you should automatically receive a copy by mail. It will also be posted on our website."RE: Hession 'skin in the game"If one buys shares with cash from one's compensation or one obtains shares as compensation, I see little difference in the final outcome: one has 'skin in the game'RE: Speculation that MH is seeking to sell IOC to OSH and become OSH CEO, and then sell OSH to Woodside and become Woodside CEO.Speculation is simply speculation. That is not 'street smarts' . . .The belief concerning MH's intention to sell IOC to OSH was attributed to PM. If that is indeed PM's belief, it is likely supported by more than just speculation.
Before MH I remember there was a time when all the executives of IOC made a large purchase out of their personal funds on the open market at $75.00 per share.
I believe Wayne Andrews puchased $1 Million dollars worth at $75.00 per share. That is having skin in the game. Not selling what you have been given and did not pay for is not having skin in the game where I come from. Sure it would be worse if MH sold. So he is holding his shares. Big deal. He knows what he would look like if he sold.