AUZ 6.67% 0.8¢ australian mines limited

mate outside of Australia a lot of people with high paying jobs...

  1. 217 Posts.
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    mate outside of Australia a lot of people with high paying jobs and also normal or low paying jobs took covid paycuts! Some people in charge of companies axed lower staff just to keep their paycheque! This board were smart and kept enjoying free cash at their shareholders expense. Yes the deposit is in the ground but this board won’t achieve anything for their shareholders, this deposit will get sold or company bought out and the board will line their pockets with fees etc and the shareholders of this company will get screwed. If I was on 400k a year as a second salary (because this is BB second job remember that) I’d be doing a. Better job.

    to compare this to fortescue metals is a pipe dream. Fortescue kept costs and salaries at nothing until off the ground. This lot have p*ss*d shareholder money up the wall for a dropping share price when the worlds equities are in the strongest bull market ever witnessed.
 
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