WMT western metals limited

annual report

  1. 324 Posts.
    I've just read the latest glossy self congratulation 'report' and am wondering if these guy's will now take a cut in salaries/bonuses after the performance in the last financial year. They were quick to reward themselves after the 2006-2007 performance.

    They need to understand the difference between self reward and shareholder value. The cash burn is going to quickly burn the shareholders.

    $4.5 million dollars in reward for a management team that is very quickly taking the company back to penny dreadful status.... hmmm

    Time to start earning that money boys or 'cut the fat'.
 
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Currently unlisted public company.

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