AUZ 0.00% 0.8¢ australian mines limited

Just had a look at AUZ's 2012 Annual Accounts (released...

  1. 196 Posts.
    Just had a look at AUZ's 2012 Annual Accounts (released 27/09/12).

    If you look at pp12 you will see that the directors and management are all on a pretty good wicket (actually they almost number a cricket squad) - collectively they took $893,610 out of the company for themselves!

    I suppose the question is - have they done enough to justify their "personal grab" in the eyes of their shareholders?

    I suspect they will be taking the same (if not more) in 2012/13.

    On a balance of probabilities - the next assays you are awaiting may not be any different from the most recent!

 
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