By my calculations, management have $1.67bn in outstanding performance rights. Their STIs and LTIs are so stacked in their favour, that ~96% of Peter Goodmans salary is comp'ed shares - with an economic valuation of $6.10 in his contract, but trading at $24.50. Pfft. If they get their long term incentives, management will take home $700m in year 4 and another $350m per year until 10 years is up - excluding their STIs and normal salary.
Don't get me wrong, really like GMG, but just glad 25% of the shareholders voted for this remuneration strategy to be recalculated. It's tilted too much against shareholders.
- Forums
- ASX - By Stock
- Ann: AGM Chairman's and CEO's Presentation
By my calculations, management have $1.67bn in outstanding...
Featured News
Add GMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$33.20 |
Change
0.010(0.03%) |
Mkt cap ! $63.46B |
Open | High | Low | Value | Volume |
$33.50 | $33.84 | $33.20 | $87.92M | 2.631M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30 | $33.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$33.25 | 3471 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30 | 33.190 |
1 | 10 | 33.030 |
1 | 462 | 32.960 |
1 | 700 | 32.750 |
2 | 1016 | 32.700 |
Price($) | Vol. | No. |
---|---|---|
33.300 | 135 | 1 |
33.580 | 688 | 1 |
33.640 | 9317 | 1 |
33.760 | 967 | 1 |
33.790 | 3000 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
GMG (ASX) Chart |