ZNO 3.57% 2.7¢ zoono group limited

Ann: Appendix 4E & Annual Report to shareholders, page-3

  1. 326 Posts.
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    How this board justifies its remuneration given the poor operational and share price performance is beyond me.

    Company Market Cap $12m
    Annual Salaries ~ $1m

    Annual Salaries > 8% of Market Cap

    MD $378k
    CFO $220k + up to $40k in performance cash payments
    Non Exec Chairman $162k
    COO $120k
    NED 1 $65k
    NED 2 $111k

    All of those management payments and Net Profit down $2.5m to $2.42m (previous year was $80k)

    Well done to Paul and the team - yes you deserve it.
 
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