Interesting reading the Annual Report, that on Page 22, they put the consolidated earnings 5 year table, and on the same page they detail the directors remuneration.
between 2008 and 2009, Net losses rose from 7 mill to 22.3 mil.
Yet for the same period ....
R Carters salary ROSE from 20k to 90k J Clarke's salary ROSE from 350k to 440k PC's went up by 18k K Loumans went up 70k
I guess my first question to them at the AGM would be "How can you all sleep at night when ..... "
but unfortunately I cannot make it.
The AGM should be renamed, MAE shareholders anonomous.
Hi, My name is Saul and I am an MAE shareholder ..... (crowd goes ) Hi Saul (We then all continue by explaining how much we have lost)
Such an embarrasement.
MAE Price at posting:
13.0¢ Sentiment: None Disclosure: Held
