PDN 8.53% $9.74 paladin energy ltd

Wow never seen that before , overall great update - "Reduction...

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    Wow never seen that before , overall great update -


    "Reduction in Payments to Management, Directors and Staff As part of the 35% reduction in corporate costs, Paladin’s management and staff will take a 10% salary cut (in addition to the previous 10% salary cut affecting senior management) and the Board will further reduce fees payable to the Non-Executive Chairman and Non-Executive Directors by 20%. In addition, the Managing Director has offered, and the Board has accepted, a further 20% salary reduction. Previously to this, the salary of the Managing Director had been reduced by 35% and Board fees reduced by 10%".
 
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