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04/07/16
23:51
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Originally posted by Live.to.boogie
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It doesn't help when the CEO earns almost $700k and not only has he not bought in years but actually sold ~$1m in FY15. The 3 other KMPs earn salaries of $500-600.
Total combined holding of only ~8% of the register.
On top of this there is multiple high-dollar value related party transactions.
Arms-length transactions we're told but that's not the point.
Even though it has risk attached I do like the numbers, but I also like it when SH and management to have their interests aligned.
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To me a management holding of 8% of the register sounds like a reasonable alignment of interests of SH and management.
But I do agree that salaries are high for the size of the company.