...sad realities....
....share price has collapsed 90% and they are still 'selling'...
...so question is...how much do you think this interview has cost shareholders for his time/travel costs/ accommodation.... $50K...$100K?
and ZERO value add?
...how many shares has he personally acquired in the last 12 months with the circa $5M he was compensated since he started while shareholders lost 80% of their life savings? But he would then go on circa 10 interviews trying to convince other people to invest...
...now imagine they only spent say $1M/year of the $22M/year 'admin budgets' on senior management compensation... and the rest on buying back shares at 60-90% discount?
Wouldn't that add more value to shareholders than wasting his time on these pointless interviews....probably the highest paid CEO in the world for a company only in pre-FID... post a 80% share-price collapse ....disgrace....
...can anyone tell me what value has he actually added since he joined vs. the cost shareholders to date... and counting....?
I would be embarrassed to show my face in public if I were him....disgrace!!!!
...my two cents...
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