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Ann: Investor presentation-RED.AX, page-22

  1. 1,327 Posts.
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    GJ your post was well written; however one thing was missing; innocent mistake #1 & 2 were fully avoidable if anyone in authority had any idea of what they were doing.

    Lets not kid ourselves here; the people in charge did not have a clue of the consequences of their actions and the devastation they would cause to their workforce and shareholders.

    In fact I doubt remorse is not considered here; the action of the BOD is well documented;
    IM#1 took 6 months to divulge; large slips already occurred well before IM#2 was reported; these are facts!

    It is painfully obvious where allegiances lie; $320K bonus for the MD for doing what he was already paid to do; but the question remains with a stagnate SP why?

    What has gone wrong?

    Ref 2015 Ann report remuneration pg 21; see note 1.....
    MW_1.png
 
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