There has been chatter of lifestyle company with this one, primarily around the slowness of progress. However, looking into the financial side of things, it becomes clear that the two longer-serving directors (and there are only three of them) have significant skin in the game for what is a relatively paltry amount in employment costs in return, which one deserves (a reasonable amount) as compensation for time/effort/risk management/benefits delivered.
The chairman, Richard Homsany, through his various vehicles, has spent close to $1 million on on-market purchases and placement participation. He gets roughly $62k annually from this company (since 2015).
Non-executive director, Edward van Heemst, through his various vehicles, has spent around $1.2 million on on-market purchases and placement participation. He gets under $40k annually (it was $18k last year).
I have tables showing their annual remuneration and changes of share interests over the past decade.
RDS Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
