Reader beware? It seems his anger with the company and management is aligned with a plummeting SP whilst PO gets a 60% pay rise. I am astounded the permabulls are ok with this.
On what basis could PO possibly be worthy of such a pay upgrade? It cannot be on any financial metrics. This comes at a time where PO's second lot of performance shares have expired. The Performance Shares were, imo, low hanging fruit; particularly the first lot. So PO misses out on his performance shares ergo he didn't perform. But the BoD rewards him anyway with a 60% pay rise.
Seems akin to raiding the last cookies in the jar, imo.
Meanwhile, NOR continues to seek money from the Government and SH's.
Disgraceful!
So Disco and Holla, give a straight answer, are you guys happy with PO's 60% pay rise? If yes, why?
I didn't include dlb in this question because I already read his comment.
Ann: Capital Raising, page-46
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Mkt cap ! $23.20M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 13.12pm 07/06/2024 (20 minute delay) ? |
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