A couple of things to do with his pay packet.
Firstly, it is not excessive for the size of company that Extract will become in a few years - if it remains a separate entity. It is however a biggish package right now for a company that is consuming money, rather than making it.
Secondly, with his credentials, he would want a decent package here and now, as the possibility still exists for a takeover. There is no incentive for a high calibre person to take an average salary, with the distinct possibility of a short tenure.
ceo for extract, page-11
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Last
1.3¢ |
Change
0.002(18.2%) |
Mkt cap ! $19.17M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $96.12K | 7.670M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250000 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 4355005 | 6 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| EXT (ASX) Chart |