RE: Full Year Results RNS18 Apr 2023 11:01
WPA5, there is another possibility IMHO. It is being used as a Management 'incentive'. They've parked themselves in clear sight of being able to exercise far greater power (should they wish), but they have not gone that bit higher, which presumably they easily could. They have parked up at 28+ % - that should be a clear indication to SYN Mgmnt of expectations, a sort of feedback loop if you will. At least, it could be interpreted that way. They have positioned themselves near enough to taking up the reins if need be,, but they are showing that they also trust the BOD to execute plans. A bit 'Helicopter' parenting. Non verbal communication at it's finest!