Any partial sales will just give SAI money that they will blow on nothing... Like bonuses for their executives. This company has shown it has been unable to invest in growth for a long many years.
Speaking of Ouch - I've voted to reject remuneration report. From their own annual report they are all rewarding themselves - considering SH value has been STAGENENT for 4 YEARS - its hard to understand how they should be giving out short term incentives. *Sigh* ex government types.... I have not decided on how I will vote towards directors yet, but likely will reject them. Executives are hired to make a company perform. I have no issues with bonus for an extraordinary year, or great growth. But this year? come on.
“overheads increased 13.1%. The main drivers of this increase relate to the earning of Short-Term Incentives by executives and staff on the achievements of targets set by the Board at the beginning of the financial year”
SAI Price at posting:
$4.14 Sentiment: Hold Disclosure: Held
