despite loss, asciano board wants pay rise, page-4

  1. 24,386 Posts.
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    "(so AIO is down $425m & the ceo gets a $740,000 bonus plus hes lining himself up for 3,861,702 oppies at $1.52.what does that tell you about the people who run this company?0'

    ilovegold et all,

    When I read the part about MR getting the 3,861.702 options at the exercise price of $1.52 on the NOTICE OF GENERAL MEETING, I nearly fell off the chair, lol.

    These options are in the money already from what I can understand.

    What I fail to comprehend is as to what our Regulators are doing to stop this continuous rot and the screwing of the shareholders on an ongoing basis.

    How can a Board decide, and tell us all, that it is a fair payment/compensation is totally beyond me.

    Buddy
 
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