RE:RE:RE:Bad news/ Good newsIf the share price closes at a low at the end of Q2, will that reverse all the phantom share charges for the prior three quarters? That would amount to .075 per share boost to quarterly income.
That phantom share plan was a bad plan poorly executed. It has cost the company by the wild volatility that it generates in the earnings. It was so short sighted not to have abandoned that plan and replaced it with a better plan that provides an equivalent incentive.
In any event, I expect a reversal of phantom share expenses will boost Q2s income.