The signs were apparent from the time O'Mally was appointed. His huge salary augmented with massive bonus scheme based on cashflow. Driven company to the wall... yet i read today he is still creaming it!! Somehow shareholders remain tolerant. An EGM should be demanded IMO.
"Today Senator Xenophon said the figures showed chief executive Paul O'Malley would get a $721,000 bonus on top of his $2 million salary.
He said the bonuses accounted for 15 per cent of the company's operating cash flow.
"This company is laying off 1000 workers and it has it hands out for taxpayer support to the tune of $100 million, yet it still has the gall to pay its executives these obscene bonuses,'' Senator Xenophon said.
"I would like BlueScope's executives to explain to their sacked workers why the bosses need the money more than the sacked workers do."
Read more: http://www.news.com.au/money/over-100000-could-join-unemployed-ranks/story-e6frfmci-1226120070199#ixzz1VuRiOemb
- Forums
- ASX - By Stock
- BSL
- Ann: Open Briefing
Ann: Open Briefing , page-33
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BSL (ASX) to my watchlist
|
|||||
Last
$19.66 |
Change
-0.180(0.91%) |
Mkt cap ! $8.731B |
Open | High | Low | Value | Volume |
$19.80 | $19.94 | $19.58 | $5.009M | 253.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 748 | $19.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.67 | 677 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 189 | 19.640 |
17 | 1360 | 19.630 |
10 | 744 | 19.620 |
8 | 842 | 19.610 |
6 | 786 | 19.600 |
Price($) | Vol. | No. |
---|---|---|
19.650 | 1219 | 21 |
19.660 | 1446 | 18 |
19.670 | 753 | 9 |
19.680 | 797 | 8 |
19.690 | 742 | 7 |
Last trade - 10.42am 15/08/2024 (20 minute delay) ? |
Featured News
BSL (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online