I see $40M+ of sell orders in there over the past 2 years.
Plus BB keeps topping his coffers up with another $10M or so every year. BB's rewards for 'pouring in his soul' are rewarded a $2M salary and 3-4 times that in self-promoted performance rights. Nobody 'pouring their soul' is worthy of such remuneration. It is shareholders funds and the Board is charged with delivering the best returns to shareholders....not themselves!
At the 2019 AGM over 40% of shareholders voted against BB receiving 535K of performance rights (~$8M @ today's price)
The 2020 AGM sees BB chasing a further 434K of performance rights (~$6.5M @ today's price). It will be interesting to see if this gets up at all!
With a growing groundswell of shareholders against BB's continual money grab, blind Freddy will only deny that there is no dissent in the ranks.
NST Price at posting:
$15.04 Sentiment: Sell Disclosure: Not Held
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