Hi Johnson, thanks for articulating why a lot of us have lost faith. I only started commenting after the announcement of JWs trustee remuneration. Before that I had no issue with him or the stock. I found him quite humbling actually and believed in the story. Him taking that money from shareholders broke the camel's back and lead to a lot of the anger here. No one has answered my question about why he wasn't getting this money before? Was it because there was a different trustee or he do the job as part of his duty as CEO and founder? If this is a new duty for him, is it reasonably expected that he can be CEO, chairman and trustee, while maximising shareholder returns? It stunk of a money grab and felt like we were being kicked when we were already down.
CI1 Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held