Tumble,
I'm not saying I wouldn't support such a meeting, however, if said meeting were to occur then it would really cause panic in the market and the SP would head South big time. I'd use this as a buying opportunity
I'm not ultra stoked about PB's salary, however, let's remember that PB owns around 17 000 000 shares. On paper, he has lost almost $15 000 000, returning the SP to $1 mark provides a far greater incentive than merely collecting a $1 million pay cheque.
Ofcourse, I'd love to see the board take an ''across the board'' pay cut, if only as a show of solidarity and respect to shareholders, however, the fact that the board are invested to the degree which they are is way better than the alternative. Which is, not being invested at all, and truly collecting just a pay cheque.
At least we know that they have a big incentive to get the SP moving.
Cheers
Ivan
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