Could it be that despite making profit now, the Board has decided to spend $6.5m duplicating research into soil carbon sequestration already being done by Industry groups, adding $500k p.a to recurring overhead costs to fund an ‘institute’, also duplicating existing research - all so that the CEO can give ‘green’ speeches and from what I hear get invited to major publicity events to build his own personal profile with our money. If they can fork out $7m + for these initiatives- they could have certainly paid a DIVIDEND!
Good news for AAC, page-12
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