Skinbiotherapeutics Share Discussion Threads

[slartybartfaster] 18/9/2020 22:04

Have you?Don't bother i know the answer.

[lovewinshatelosses] 18/9/2020 21:19

Now, now PJ. Everyone invested here will be familiar with what remuneration committees are. I agree with you broadly - it's a racket, especially in the big corporates - but why the questions here, and why now? If the BOD stuff up, I will probably be the first to shout about it - but so far, so good IMO.

[pj 1] 18/9/2020 20:30

So......why additional options to when he joined?

Has anyone questioned the Remuneration committee on this?

Does anyone actually know what a remuneration committee is?

Don't bother, I know what the answer is.

[madaboutmed] 18/9/2020 20:20

This team have a crazy low cash burn and seem to do a lot with what little they have at their disposal. I have no problem with options linked to commercial performance as it is good for us all. SA was headhunted and took what he describes in the Elrico interview as a massive pay cut to join here. I would imagine the options were part of his package and as someone said earlier these options were granted some time ago and are simply being reported now. On the plus side it was nice to see the share price move north today.

[pj 1] 18/9/2020 20:13

Most PLC's that have gone bust have had enormous Director Options. Maye to help from deflecting from the ''travelling and other costs''.

No inferrance or I wouldn't be invested

[lovewinshatelosses] 18/9/2020 19:49

Better that than unjustified enrichment through inflated salaries and bloated package perks, irrespective of share price performance, as is so often seen, especially on AIM. Anyway, as others have said, the initial targets are not excessive so not applicable in this case.

[slartybartfaster] 18/9/2020 19:43

SA thinks 40p is achievable. I'm sure he is right. What price the share price when the anti aging cream is launch by a household name.

[pj 1] 18/9/2020 19:00

Research. There is clear proof that any Bonus, if not reached , then acts as a demotivator because it becomes unachievable, where employees had predicted and budgeted for it to be awarded, and the result is way below the expected average performance as lethargy kicks in.

It works both ways, but, PI's always assume its a positive without the true facts.

[pj 1] 18/9/2020 18:55

Just think about it, war breaks out and nobody turns up. Frankie Goes to Hollywood.

[slartybartfaster] 18/9/2020 18:55

According to a podcast with elrico SA took a significant paycut to take the position as CEO. He also explained there are strict targets linked to the share price before these options can be taken up. 40p is 1. Would we be happy with that?

[pj 1] 18/9/2020 18:47

Overall, Director remuneration has massively exceeded the average for decades, and is actively being challenged in the house of Commons as obscene.

Why support it?

[pj 1] 18/9/2020 18:42

Well

The contrarian view then has to be that if options incentivise, then a lack of options is a demotivator?

Why isn't a (high) salary enough?

Are we saying that Directors do not come to work to do their best without Options?

Do we go to work to work as hard as we can, in the hope of getting a pay rise, or do we go to work and do as little as possible until we are paid enough?

I know where I sit, why are Directors different?

[gary hindsight] 18/9/2020 18:24

Also These aren't new options they are options previously granted which they forgot to report

[slartybartfaster] 18/9/2020 16:59

That statement shows you haven't a clue. Did you actually check and know what the triggers are for them?

[dekle] 18/9/2020 16:54

Disappointing to see options priced so cheaply

[rafboy] 18/9/2020 10:34

It only takes a few buys and others jump in, human nature I suppose.

[nik7907] 18/9/2020 09:54

Yes, it's odd. Nothing much for ages, then suddenly lots of interest.

[gary hindsight] 18/9/2020 09:27

Interesting action today with a stream of buys

[omarmapara1234] 17/9/2020 20:34

Hi ElricoCan I please have a coin to join your thread.ThanksOmar

[slartybartfaster] 12/9/2020 14:50

I miss read. You appears to be guessing both commercial partnerships are about 12 months ahead of schedule. I know from Elrics interview there is expectation both could be launched in H1 2021, poss just before summer? It could get exciting around Xmas new year then.

[nik7907] 12/9/2020 14:49

Well if those comments are aimed at me I announced my sale at the time and said I would probably come back in if the price went down. Because of that I thought I ought to mention the repurchase. Also we do not know this is the new low.

[slartybartfaster] 12/9/2020 14:46

Shrewd, Where is the info about sederma being 12 months ahead of schedule coming from?

[shrewdmole] 12/9/2020 14:27

Slarty

Most of its rubbish anyway.

Plenty to come here.

Nice addition this week, sederma have replicated the results of skinbiotix and psoriasis upto 12 months ahead of schedule.

S

[slartybartfaster] 11/9/2020 19:50

BBs are full of traders exiting at the peak and buying again at the new low. Bigger egos than shares.