I think contributing to the SPP is the same as directly funding directors salaries but with no upside.
The Puffin royalty will eventually be converted into salaries, as was the Cobra asset.
This is a lifestyle vehicle for the management.
Surely there is better value amongst the 100+ other oilers on the ASX ?
ssp extended to may 12, page-3
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)