PSA 0.00% 2.1¢ petsec energy limited

rockets to $1.30, page-29

  1. 6,389 Posts.
    re: atomep Atomep:

    With the money the BOD and management makes from the company they do NOT deserve any 'slack'.

    With the low level of the share price they do NOT deserve the compensation they get.

    Especially so when looking at other companies in the sector on the ASX and seeing that despite the amount of revenue and income PSA has, other 'empty' barrel E & P's are selling a huge valuations based upon thin air ....

    PSA appears to be operating as if the managment and BOD are the only ones that matter. I think that they forget that they are in fact a public company and despite the large share ownership of one person, I believe that the public owns a greater % of the company....

    In any event, I would be more than happy to pull down the income that the head of PSA's US unit gets - what did he make last year around $500,000 in total???

    What PSA needs is a bigger public board for starters.

    (PS: I'd do that job in the US for half that amount and be quite happy!!!)

 
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Currently unlisted public company.

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