If BPT management feel that 200 staff need to go then so be it. Many companies have done this staff cutting and many more will in the future. Sorry that people will lose their jobs but this isn't personal it's a business strategy.
With the average employee (this includes senior positions and executives) earning ~$120,00 X that by 200. That's a saving of $24M per year people. Three guesses to what this will do to our cash pot.
The share price is climbing and I'm liking it.
Cheers GeoFrank.
Ann: Organisation update and targeted headcount reduction, page-19
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Last
$1.69 |
Change
0.065(4.00%) |
Mkt cap ! $3.855B | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.71 | $1.64 | $20.49M | 12.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 6 | 119717 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.70 | 30438 | 1 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$1.70 |
Change
0.065 ( 4.80 %) |
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| Open | High | Low | Volume | ||
| $1.64 | $1.71 | $1.64 | 3494628 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| BPT (ASX) Chart |