The SN bashing is really getting pretty tiresome. I'm not sure what companies these people are invested in but SN is by far most proactive, forward looking and well spoken CEO of any of the Companies I own. If you need to remind yourself go and listen to some of the presentations he's done in the past (I'd say he still believes in the potential as he did then).
I honestly think it's a serious of very unfortunate events that has caused the share price collapse rather than SN over promising. Wouldn't you rather he talks up the company that he believes in rather than sitting in the background doing nothing like a lot of CEOs?
Sure the share price has taken a hit and it hurts to look at the portfolio but who here was honestly considering selling before SE, Haber etc anyway? In my eyes he's got time to restore value and I strongly believe that will happen with time.
$500k p.a. salary sure (just like most CEOs of ASX 300 companies), after tax say $250k = 8% off his net salary he's just chipped in and people aren't happy? He's already got plenty of skin in the game. We don't know his personal situation either, he might of recently purchased a nice investment property in Peppermint Grove
The saddest thing is we've lost our most valuable contributors on this forum, so much so that it's not even worth reading anymore. If you believe in the story then let's see where the share price is in Feb/March. If not then I'm not sure what you're doing here.
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The SN bashing is really getting pretty tiresome. I'm not sure...
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