Option are a way of giving an incentive to the management and staff to build up the company. It is only fair that the price ends up lower than the current price at the time as it is an indication of the fact that the share price has risen. It is just another way of paying people except that the amount will depend on the success of the company. Most quoted companies use options in this way and it doesn't seem to be holding them back. I found most of the above to be complete drivel. The shareholders have not paid for the employees options. The cost has come out of profits. The principle is that the options will gave made the staff work harder to increase the value of their options. If you don't like the systems then don't buy shares in companies that grant options.
Don't forget that the company is nearly 60% owned by institutions and if they didn't like the granting of options then it wouldn't be happening.
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