Many $IREN shareholders have been fuming that co-founders Daniel Roberts and Will Roberts secured a more than AUD1 billion equity grant package last week if they just stay with the company for four years (with a further two year restriction from trade for the final tranche).
But Canadian hedge fund @EMJCapital's @ericjackson is less concerned, noting that when compared to "market cap it's a single-digit percentage spread over six years".
Read about the reaction @CapitalBrief (paywall):
https://t.co/vOT3Nt6k8w