I said last week that the BoD salaries should be cut IMMEDIATELY and this poor uptake of the offer, when the BoD of all people KNOW that CFU NEEDS the cash, just compounds that need!!
Brendan Dow, salary he sucks from CFU AU$694,203 a year, he put back in a pathetic AU$3000 in a rights isuue that, on failure, could have seen CFU go into administration!!
If it's not good enough for him, why should it be good enough for low and mid salary earners trying to invest in HIS 'green technology'??
Look at the salaries!!
Name Fiscal Year Total $AU
Jeffrey Harding 105,510
Roy Rose --
Nevill Sherburn 264,852
John Rajoo 261,508
Karl Foger 273,344
Brendan Dow 694,203
Frank Boyd 361,065
Frank Obernitz 284,602
Trent Rowe 241,470
Paddy Thompson 226,109
Peter McDonell 157,663
Andrew Neilson 267,955
Peter Binks --
John Dempsey --
Roman Dudenhausen --
Janine Hoey --
Robert Kennett --
http://uk.reuters.com/business/quotes/companyOfficers?symbol=CFU.L
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