Sally Langer a director of NST just purchased a whopping 22k of...

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Hiddenvalue

2,836 Posts.

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28/05/21

20:32

Post #: 53499760
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Originally posted by GravityWaves: ↑

@Drugo, your comments about WMX executives not having the money to spend doesn't seem to be supported by the facts (for year ending 30/06/20)...

Neil Meadows : (Director) : holds zero shares & was paid $504,774
All other directors (excluding Milan) were paid varying amounts below $100,000
Anthony Rechichi : (Key Management) : holds zero shares & was paid $503,579
Cain Fogarty : (Key Management) : holds 100,000 shares & was paid $375,429
Jim Malone : (Key Management) : holds 63,000 shares & was paid $70,793
Wayne Foote : (Key Management) : holds zero shares & was paid $106,931

I agree there are no executives at WMX being paid multi-millions : no reason why they should be.
Overall, 80% of Directors hold no shares & 50% of Key Management hold no shares.
Up to 30/06/20, the majority of WMX executives had decided not to put any eggs in the WMX basket.

@Hiddenvalue seems to think I have an expectation about WMX executives holding / not holding status....perhaps he misunderstood my earlier post where I said...

"I dare say their decision not to invest in WMX has been thoughtfully considered, which makes as big (if not bigger statement based on percentage participation of the overall WMX board), than Milan's investment enthusiasm."

Cheers.

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Sally Langer a director of NST just purchased a whopping 22k of her own stock 2200 odd shares @GravityWaves. Quickly go buy!!
WMX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
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