RE:RE:RE:RE:RE:They know when to pick a dateYes, I'm really not happy about the 2 million options as it's such bad corporate governance as the family and management are just trying to profit. At the end of the day, it doesn't throw off the valuation that much as the free cash flow being generated is enough that with an NCIB, we should see nice returns.
However, when you have upper management giving themselves bonuses and granting options at silly prices, it's kind of a middle finger up to the non-family shareholders. This will hurt their overall valuation as no one will give them a P/E of 5 when they pull shenangians like this.
Still optimistic about the future, just not happy.