ANITE TO ROCKET ON RESULTS

Massive amounts of options. Have you seen the amounts granted to excise!
The key difference is the amounts of options. A small amount of options ain't gonna steal much from the shareholders, but in this case we are facing 11m options issued in this year alone!

You say that its just another way of paying people like it will have no effect on the value of shares you may own. You say the shareholders do not pay for the employees options 'they come out of profits'. Show me how they come out of profits - they don't.
They come out of the market cap of the company.
The difference in the excise price to current price can be subtracted, reducing the Market Cap of the company and the shareprice. The shareholders pay.

This reduction is market cap and shareprice is bad, but that is certainly NOT the main effect to be concerned with.
The main effect is the dilution in shares. Think about this and what this means for a growth stock.
More shares means all future earnings per share are instantly reduced.
Future dividends are instantly reduced. The company could be storming ahead with growth, but you won't see much of it in your holding.

This is crucial. You are paying for shareholder growth, i.e growing earnings per share ; not the growth of the employees/management!
You are hit twice - on the market cap and more importantly on the earnings per share growth.

With this company you have to think are the management renumerating themselfs appropriatly? After paying millions (check the renumeration report) to each of them per year, are the poor shareholders seeing many millions reach them in earnings per share? I think not.