Ugly day all round folks. Never thought I'd be seen these prices...

Ugly day all round folks. Never thought I'd be seen these prices again. Back on 22/6 (15510488) I posted a comparison of oilers. It wasn't an exhaustive list but in light of todays action thought it was time to have another look. All of the companies listed have taken a hit not surprising since POO has taken a huge dive but the extent of Horizons fall is staggering. Still no word from the board or reappointed CEO to put some confidence back into the stock. Surely any CEO whose remuneration package is around 2% of the company's market cap can instil confidence and turn things around for shareholders and investors.



P.S. Out of curiosity just had a look at Andrew Mackenzie's salary package 2014 (he's the CEO of mining giant BHP). "The total is made up of base pay of $1.7 million, benefits of $92,000, short term incentive of $3.136 million, long term incentive of $2.635 million and a pension top up of $425,000. This adds up to $7.988 million." (Reference - Business Insider at http://www.*.com.au/andrew-mackenzi...kets-almost-five-times-his-base-salary-2014-9)
Market cap of BHP is around $78 billion dollars (Ref - Hotcopper). So proportionally speaking his remuneration package is about 0.01% of the company's market cap. GLTA, M1