Have you had a look at the company (Godfrey Remuneration Group) that decided on the performance hurdles and ticks off on KCN's remuneration policy?
Looks like a bunch of University dropouts! Phony "academic"-types purporting to conduct detailed analysis on remuneration structures. They're incentivised to increase remuneration packages, otherwise the board may not approve spending $80k of shareholder's money for Godfrey's services. I mean 10 to 20% increases to KMP base pay? what planet are these guys from? Gavin has crossed the million dollar mark... and all they've done this year is to spend shareholders money a dud in Challenger (will need to be written off 100%) and fix ongoing issues with the mines because they couldn't be bothered maintaining them. Looks like the cap raising was nothing more than a vehicle to afford more insane salary packages.
The company was in a funding squeeze???? Really???? And the company board put bonuses in front of mine development???? WOW!!! What a shameless lot.
gavin thomas, page-8
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Last
$1.37 |
Change
0.020(1.48%) |
Mkt cap ! $347.9M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.40 | $1.37 | $5.934K | 4.298K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 790 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 13805 | 1 |
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| Last trade - 10.07am 12/08/2024 (20 minute delay) ? |
| KCN (ASX) Chart |