12% INCREASE IN SALARY backdated until January = 12% INCREASE IN COSTS and a REDUCED PROFIT MARGIN (not to mention the other perks given to workers). I would have thought that given the company has come out of administration they would hold off until the company's financial position was more stable.
Management should have at least brought it to the attention of workers that it is better to have a job than to have none at all. The next quarterly will make interesting reading considering the nickel price has declined in the past three months.
https://customers.reuters.com/community/newsletters/metals/nickel.gif
Looks like a DrunkenSailors request of a share price above $1 by 3 Quarter is going to go unanswered.
12% INCREASE IN SALARY backdated until January = 12% INCREASE IN...
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