Ann: Change of Director's Interest Notice - R Spurway, page-2

  1. 11,180 Posts.
    lightbulb Created with Sketch. 1479
    Granted the CEO retains some GNC shares, but hardly a vote of confidence that he's sold 10,000 to bring in $70,000.

    "To fund taxation obligations" is an excuse often used. An MD who thought the company was a worthwhile investment could alternatively be minded to fund such payment(s) from his or her substantial salary, greater than the PM or Federal Opposition Leader receives.

 
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