WGO 0.00% 35.5¢ warrego energy limited

Ann: Quarterly Report and Appendix 5B, page-11

  1. 1,234 Posts.
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    Wait until he tries to double his pay because he fills two roles (in workload, not by title) now and has to do more work!

    I wonder if he can fire the secretary as well and fill that role? Just set a reminder to pay massive director fee for every month, done and dusted.

    Haha, now I keep thinking this guy might be the basis for that horrible bosses move that had Kevin Spacey filling all the roles so he could pay himself more, but still do nothing.

    I do have to ask in all seriousness, but how did they pay $3.253 Million in staff costs and admin and corporate costs in 6 months and to who? How many people does WGO employ? Great work environment. The boss is in Scotland every day. Liquid lunches daily!

    this is what google told me was admin expenses:

    Administrative expenses are costs related to the general administration of the business. This category of costs does not relate specifically to any business function such as production and sales. These costs are incurred at the corporate level, rather than by individual departments or business units.

    So management not only paid themselves close to a Million dollars, but also racked up a further 1 and a half million dollars at a corporate level. SIGN ME UP!!

    And to add insult to injury, they did this during a worldwide pandemic that had half the world locked down! That is AWESOME boys.

    Last edited by Base1864: 31/01/22
 
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