I read the annual report, not in great detail I must admit but the management remuneration didn't seem that excessive. 5.2m USD in total payments for 2011 to 10 employees is by no means excessive, 1.9m going to Purdy I don't agree with but I have seen considerably worse.
I suspect the downramping on remuneration has something to do with the large short positions the are being accumulated..... who do you work for and what is your realy position in the stock? btw thanks for the cheap shares today
MBN Price at posting:
66.4¢ Sentiment: LT Buy Disclosure: Held