oopeek,
Executives overpaying themselves is nothing new. The CEO of NXS similar market cap as NBS has presided over a 70% reduction in the value of the company's shares, a dilutive cap raising and got a fat increase in pay this year (earning $1.2 million). Albanese is still at Rio after all the BHP, Chinalco equity raising catastrophy.
By all means management should cop criticism. But all that rubbish is reflected in the gutter that is the current share price. This is why you get to buy shares at 39c. If the company had few credibility issues, the share price could have been closer to a dollar. If I was in Sydney I would be more than happy to put the boot to management during the AGM but really what is needed is the big insto shareholders tapping management shareholders. Unfortunately, as we all know, majority of institutional shareholders simply sell out (like yesterday) rather than exercise active ownership of the company.
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some positive points to consider, page-6
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