VRX 5.88% 3.6¢ vrx silica limited

Ann: Half Year Accounts, page-14

  1. 1,817 Posts.
    lightbulb Created with Sketch. 906
    A-men!

    And the thing that REALLY gets on my tits is the massive salary Cinnabon is now paying himself, like he's god's gift to corporate management. He has put himself somewhere near the top 0.5% of incomes in Australia (spoiler alert - $253,000 or more gets you into the top 1%)

    If he really was any good, he could afford to wait until we were generating revenue, and then go right ahead - put your snout in the trough... but now? When we are cash starved, and the market has has a gutful of his spin-and-froth annoucements (so much so that the last CR was a disaster...)

    Right now, $VRX just feels like a lifestyle company for lining 'bon's pockets.
    Last edited by Jukebox45: 14/03/24
 
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