NST 0.08% $13.00 northern star resources ltd

Ann: Appendix 3G, page-10

  1. 333 Posts.
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    That's the FY19 report. The more current ASCI FY20 report does not have Raleigh Finlayson insight, but BB sits at 14th highest-paid...knocking on the top 10's door. Not a good look when NST deferred dividend payments to shareholders earlier in the year! https://acsi.org.au/wp-content/uploads/2020/08/2019-CEO-Pay-in-ASX200-companies-070820.pdf

    Today NST is the 35th highest-ranking ASX company by market cap - but has the 14th highest paid CEO. Looking forward NSTs market cap is not sustainable if it cannot generate a multiple of present earnings. It is also buoyed by upswings of volatile elements in POG & A$. It won't take a lot to tip NST back down the list. In Nov-19 and Mar-20 their SP was around $9 and their market cap sat outside of the top 50 companies.

    I have no issues with well-paid executives. Last year 41% of shareholders voted against BB's money grab with a view he is over remunerated.
 
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