Vitrinite will see success through share price appreciation and dividends. This will be unlocked through solid governance and communications as well as capital discipline. Welker and Willams never wanted big salaries. Why see $0.47/dollar go to the ATO when you can get dividends and capital gains? The dividend Vitrinite is soon to receive is far better than any paycheck.
We don’t think a call will be unpleasant. You’ll find we are pro-shareholder trying to cut wasteful spending. We travel economy and don’t feel companies should fund lifestyles. This is the shareholder’s company, not the management’s.
What do you have to lose? If you are genuine, We think we’ll see eye to eye.
(20min delay)