So they took less pay as Directors BUT markedly increased income as "consultants"?
How can Directors even be "consultants" on the side? Surely that's just their jobs as a Director (to use their accumulated skills/experience in running the company)?
Is this a way to avoid financial pain in case we vote down their poor Director payment (because we can't touch their payments as "consultants")?
Does anyone know of other companies that have this arrangement (or is this yet another innovative example of how these guys operate)?
Even less impressed than usual (and I didn't think that was even possible)
Can we please just vote them out now (all of them)? Please!!
Oh - by the way, did any of the "consultants" manage to find any answers to the initial (easy) questions put to them by ASIC? Or has Covid clouded their collective minds and "significantly impaired" their ability to quickly and simply supply the answers required? How hard can this be?
Are they working on ways to obfuscate the upcoming AGM (well done for last year's effort and who can forget the one before that)? Maybe that's what they are "consulting" about, given that it appears that they have done little else in the reporting period to earn such grand amounts...
sasa (wondering how long this can go on?)
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