Finally, some factual debate....well done dbd.
Your figures are backwards looking and for the year passed. While you can use them for the past, the stock market is forward looking...so if the salary figure has been stated to have taken effect, wouldn't it be a lie if the company reported a salary figure for the future and it was a misrepresentation? And certainly, there was no mention of additions/perks, so, they should not be included. We all know there will be perks but there was only an announcement of 50% slash to the base salary.
What I do agree with Carnas and dbd....is the timeline. In the ASX ann there was no mention of when/a date the salary reduction would take effect. Can only assume the date of the release and the term salary, however, there is nothing binding. Will have to wait until further releases.
And no way to an apology....everyone here has a bit of mud on them
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