Chairman and MD have never bought on market. In my opinion, that is one major reason why the share price is where it is today. Why have faith in the company when its founder/MD has not bought one single share since listing, and seems quite desperate to lay hands on as much freebies as possible. The greed shown by RG in last year's milestone shares fiasco has left a very bad smell. On the flip side, kudos to Perkins who has always shown on market support since his director appointment. In my opinion, he or King should be chair. Perhaps it's time to show the current chairman out the door as his last set of votes at the EGM wasn't very favourable at all. Waste of board space imo.
Below shows how much RG got paid last financial year. Almost $400,000. What a disgrace when one takes a look at the current share price. One would think with that generous salary especially during the pandemic, our founder/MD would consider buying some shares on market. Alas, he prefers his freebies, the more the merrier.
SCL Price at posting:
1.1¢ Sentiment: None Disclosure: Held
