But you've hit the nail on the head, the ASX is littered with these gravy train lifestyle companies that are created to set up directorships and then the public are tapped to feed their salaries. Whether or not they actually try to make the company a going concern seems to be a secondary issue, its mainly about them having a job and riding the gravy train as long as they can, supplemented by additional diectors fees from other company boards they sit on.
C7A Price at posting:
1.2¢ Sentiment: None Disclosure: Not Held
