Not a bad pay day for the CEO - 1,512,835 shares for nil consideration via exercising "performance" rights. These shares are worth $1,891,043!
Yet over the last 12 months the gold price has increased from $A3,150 to $A4,470 or by 42%. Also over the last 12 month, BGL shares have fallen slightly from $1.33 to $1.25. BGL shares peaked at $2.10 in July 2024, so the share price today is 42% lower than in July 2024. Further, BGL is one of the worst performing gold producing stocks on the ASX over the past 12 months. So the CEO gets massive remuneration notwithstanding very poor performance - that is, "performance" counts for nothing when it comes to CEO remuneration.
BGL Price at posting:
$1.25 Sentiment: None Disclosure: Held
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