"Especially considering the interest they should be earning on that money, a 5% return on 8,000,000 would net 400k a year. Enough to cover the salaries completely."
I think the most interest they ever reported was just short of $200k, though that would have been around the time when interest rates were much lower than they are now.
So yeah, that's a very good point mate.
Imo, there isn't anything in his way to double his salary back up again, and then some extra to make up for his bs 'sacrifice'. The way he treated 'our' cash insofaras his mummy was concerned in her 'resignation' doesn't give us any reason to figure his intentions are anywhere near honourable and unselfish.
- Forums
- ASX - By Stock
- CGB
- Ann: Company Update
Ann: Company Update, page-110
-
-
- There are more pages in this discussion • 82 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)