SDL sundance resources limited

This is outrageous, I had a closer look at the annual report,...

  1. 7,922 Posts.
    This is outrageous,

    I had a closer look at the annual report, section 12 Remuneration.
    This is digusting how they give themselves a tit on the cash cow and just keep suckling.

    The 3 that stick out are; (total possible remuneration)
    Mr G Casello - $807,263
    Mr R Longley - $683,643
    Mr D Meehan - $1,091,259

    The company made a net LOSS of $32,941,511 for 2014.
    Continuing Operational costs- Employee and Director expense 2014 - $12,984,425;
    - Share based payments - $2,049,548
    - Salaries and wages - $9,648,101
    - Non-executive directors fees - $668,825
    - Superannuation - $617,951

    And as I write this the shareprice has just dropped another 5%.

    Management really need to take a step back and abide by their corporate governance guideleines.
 
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