By Tom Winnifrith | Wednesday 21 May 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
On Sunday Shareprophets rightly criticised West African Minerals (WAFM) for repricing options for its directors. I chatted to Jim Mellon at the weekend and he rather weakly said it was to incentivise the board.
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