NWT 0.00% 11.5¢ newsat limited

newsat initiates changes for success..., page-20

  1. 7,409 Posts.
    That is correct, and that is how it should be. Options should be incentive based, although it is worth noting that the shares were 1c only 3 months ago. Have halved in price since.

    Also note that last financial year the 3 top positions in the company earned $1.2mill between them in salary and shares. AB alone pulled in almost $500K. I've always been of the opinion that CEOs and managing directors of speculative companies earn their rewards once they have successfully created wealth for their shareholders.

    All AB has ever done is spent money and issued more shares to keep the company afloat.
 
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