A CEO on $650k WOW that's cheap, a great pick up by the board - "Phil will receive an annual fixed remuneration of $650,000 (inclusive of cash salary, superannuation and salary sacrificed items)" and excellent credentials - Bunnings, Officeworks, Harris Scarf & Mitre 10.
"but $1m for a $100mil company is a bit steep" - He still needs to jump through some hoops first to get the STI, will be interested to read what they are.
IMO the market has been looking for some managerial direction, this looks like that, as for $2, I don't see it, charts got down to $2.40 at the peak of the pandemic, this should climb back to $4.00 (markets pending / EOFY).
p.s - I went to 2 of our local Reject shops last weekend, they were both flat out with customers and both had plenty of stock.
A CEO on $650k WOW that's cheap, a great pick up by the board -...
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