“As the Company’s CEO I take responsibility for the operational, and financial performance of the Company and, as such, I am happy to take ownership for the recent market performance and show my alignment with current shareholder outcomes. “Shareholders’ interests are not just about long-term targets and goals but also include short term financial objectives. Investor reactions post the West Erregulla appraisal campaign has led to a material reduction in the company’s market value, and as such, I am willing to reinforce my undertaking in restoring this value, by waiving my short-term incentive from the previous financial year. “This was a decision I took myself and offered to the Board of Directors, and believe is a required demonstration of my ongoing commitment to the proposed strategic outcomes of Strike Energy Limited”
Good to see him take responsibility for his pumps
STX Price at posting:
17.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)