So this morning another company I invest in (MBE) announced their results. I'm not going to go into why they continue to deliver vs good old TZ but one headline had me take notice:
"Relationship between remuneration and company performance". CEO takes $365k for working full time, his incentive based on results offers him more income. 5 years ago they were losing money...
What a novel idea!! Just shows the type of management who really think for shareholders versus those that use them to line their pockets.
We have old style ASX management who feel it is their right to use shareholders money to pay themselves what they want with no performance targets. No wonder TZ staff are fed up.
TZ board must be fired.....
TZL Price at posting:
9.6¢ Sentiment: None Disclosure: Held
