TAP 0.00% 7.8¢ tap oil limited

Most small (industrial ) companies are run by major...

  1. 310 Posts.
    Most small (industrial ) companies are run by major shareholders. Resources generally not as they have to keep raising and diluting and the directors won't put their own money up - they aren't that silly, thats what we are for. We put the money in, and they take it out for their wages which are usually excessive.

    I did not say they have ripped us off, I said they are ripping money out. The MD is $500k a year - a couple of the other directors are $350k a year - thats not pocket money.

    They have had some assets up for sale for a long time and it has been in the press, they probably can't sell them, I don't know.

    Now they are talking about selling some of the only good asset we have.

    C'mon!
 
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