It is now becoming prudent for companies listed on the ASX to take action to reduce their salary and wages and directors fees to account for reduced revenues and activities resulting from the affects of the Corona Virus. Please refer to ERM.
Today the Federal Govt in Aust announced that all public servant salaries would be put on hold.
It would make a lot of sense to me if NET took similar action in reducing salaries in the interest of the long term future of the company.
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Mkt cap ! $11.63M | |||
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| NET (ASX) Chart |
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