Sorry to burst your bubble Sircorp. Here is some info for you:NAB net profit 2018 - 5.6 Billion during a year on which a royal commission was being conducted
So your telling me with the money that NAB made 5600M you don't want to pay the CEO or driver of the bus 20M - 0.003% of the total?
Also more to note:
They are performance rights - ie if the company isn't up to par with profit and growth they will not receive them or only partially receive them.
Secondary note: People forget that after the first $180,000 of income almost half or 47% is tax. So when you see that 20M your better of saying that he will actually only take home 10M net of tax. It might be even less if labor get in:
Base wage would be over 180k
If you look at those given stocks - cost base $0
Pay tax on 75% of the profit so if 20M in performance rights sold that tax on 15M @47% - 7M tax with take home 8M.
Why are you always so doom and gloom?
Sorry to burst your bubble Sircorp. Here is some info for...
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Last
$37.32 |
Change
-0.270(0.72%) |
Mkt cap ! $115.5B | |||
| Open | High | Low | Value | Volume |
| $37.27 | $37.46 | $37.20 | $15.43M | 413.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 450 | $37.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.33 | 152 | 1 |
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| Last trade - 11.18am 25/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |