yeah maybe, but,the price plummeted after the raise and pretty sure it never recovered. While I was perusing the 6 month financial report,, I took the opportunity to consider if the amount of management fees the three office bearers are paying themselves . director payments are includedm in admin and corporate costs, ie $218K for six month period .
divided by three directors, let’s say that’s approximately $70k per director for YTD December , or $140,000 each for the full financial year.
lets say total yearly, Director Fees will be $500,000, not unreasonable . So unless the Directors are trading profitably in MAN shares to their own benefit via another associated entity , you couldn’t say that management is gouging cash from MAN.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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5 | 1883036 | 2.8¢ |
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Price($) | Vol. | No. |
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3.0¢ | 219185 | 2 |
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No. | Vol. | Price($) |
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5 | 1883036 | 0.028 |
8 | 788212 | 0.027 |
6 | 1546975 | 0.026 |
7 | 1946999 | 0.025 |
4 | 1265000 | 0.024 |
Price($) | Vol. | No. |
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0.030 | 219185 | 2 |
0.031 | 383678 | 4 |
0.032 | 267898 | 2 |
0.033 | 450000 | 2 |
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