think we are all holding them tight and perhaps even averaging down during these lows, but think a letter at a date say end of this month spelling out concerns of $1.1’m in salaries when share price has been abliterated and cash reserves are depleting is appropriate.
World is quite frankly a different place now as evidenced by other listed companies making significant salary sacrifices starting at the top, I think it’s good to put them on notice that shareholders expect a lot more (be it better communication on cost savings to see us through this period of uncertainty or greater alignment by buying shares at these levels - almost half the capital raise amount)
frankly, they have zero skin in the game and are taking out close to 10% of our market cap as board salaries.
all for paying people appropriately but let’s some alignment. Money talks bullshiete walks
- Forums
- ASX - By Stock
- FFX
- Ann: 2019 Annual Report, Appendix 4G & Corporate Gov. Statement
Ann: 2019 Annual Report, Appendix 4G & Corporate Gov. Statement, page-48
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)