re: Ann: Notice of Annual General Meeting/Pro... Oz,
Just noticed that close to $200k in cash bonuses were paid in January 2014. What the hell is that all about?
P.Byrne is on $500k per year salary and we're paying $63k in cash bonuses??? Cash bonuses were also paid to some of the Directors. Did they get that for simply attending the various committee meetings.
IMHO, this company urgently needs to reduce the overheads/administrative costs in place. For crying out loud, a $63k in bonus. That's someone's salary in the Nido office! These guys need to recognise the current debt on the books before puting their hands out.
Here's a thought, how about some fiscal dicipline?
Just sayin'
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Ann: Notice of Annual General Meeting/Proxy Form , page-6
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