TGP 0.81% 61.5¢ 360 capital group

ha... I found it. To quote Peter North author "Growing for...

  1. 346 Posts.
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    ha... I found it. To quote Peter North author "Growing for Broke".
    ...
    "No longer is it sufficient to offer the CEO a multi-million dollar salary to get up in the morning and go to work. A CEO must be offered a few million dollars worth of shares as well.

    Executive compensation under this arrangement comes in three parts.
    1. a lavish salary
    2. a bonus to supplement the lavish salary
    3. company shares or options, which amount to little more than CEO's helping themselves to the equity of the business, thereby diluting the value of the shares held by other shareholders.

    So it is is that people who may have never taken the slightest personal risk, and may have never had a creative idea of their own, can become as wealthy as entrepreneurs who built their own successful businesses from scratch."

    This is not really directed at TGP per se. As MD has acquired shares on market, and has 15 years at business.
    Though, it is a curious thing the generosity of free shares on top of a lavish salary. To that end Peter North has su
 
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61.0¢ 61.5¢ 61.0¢ $59.13K 96.74K

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61.5¢ 9102 1
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Last trade - 16.10pm 07/06/2024 (20 minute delay) ?
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