RE:RE:RE:The numbers are about what I expected, but I have to agree with FlyBoy on the compensation issue. The fellows have done a good job turning the company around but they have also been handsomely rewarded.
If KLS is to move on and upward the equity compensation policy needs to be rescinded. Hopefully Bond and company realize this and will set aside sort term greed and revise the policy at this years AGM. Management have a pile of stock and long term compensation is, in my opinion is ample reward for successful management.
If I remember correctly KLS have a flip in poison pill to deter unfriendly takeovers. Can anyone recall the details or if in fact such a plan exists ? Thanks.