SGL ricegrowers limited

Domenic Martino was Company secretary of Newtel.He bailed out...

Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
  1. 501 Posts.
    Domenic Martino was Company secretary of Newtel.

    He bailed out and Newtel hit the skids!

    Martino is now involved in SGL!!

    Look at this!

    Sydney Gas (SGL)
    $1.02

    CRITERION reverses an earlier "buy" call on Sydney Gas to a SELL today.All is not right with a company still to make a profit deciding to pay it's chief executive and chairman huge bonuses for work yet to pay real dividends to shareholders.Sydney Gas is entering a critical make-or-break phase and yet Bruce Butcher took home a 141% pay increase to $1.9 million while chairman Domenic Martino was awarded a 3126 per cent pay increase to take home $1.5 million (up from $48000). Sure, Martino expanded his role a bit, but really, it's outrageous.
    These pay scales should come next year if these men manage to keep their word and start commercial production by New Years Eve.
 
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