It’s astonishing at this point BB hasn’t taken a pay cut.
There is razor sharp clarity at this point that BB’s inflated salary is having a disproportionate impact on diluting shareholder value.
If BB’s salary had been half of what it is now for the prior 24 months it’s safe to say we could have entirely avoided or substantially delayed the latest cap raise.
When a CEO’s salary is directly diluting shareholder value by circa 2-3% per annum before considering the continued drop in share price big questions need to be asked. we’re in a time where 30-50% of the national workforce have either lost their job or have their hours reduced.
IMO Its a disgrace this cap raise wasn’t accompanied with an similar announcement on BB’s salary.
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