"Management salaries are booming... if I could choose something to invest in, it would definitely be their pay, 20% growth yoy makes for an awesome investment... it's just a pity the business can't achieve that sort of growth, barely tracking CPI in the good years."
VERY well said Legume. You summed it up perfectly. This is exactly the reason I got out of the stock. I held on for many years and lost a significant amount of money... meanwhile the Directors and Management kept putting their pay up. It's a common theme but that doesn't make it right.
Some of their decisions in recent years have been uninspired, especially in regards to Dreamworld. The Village Roadshow theme parks are far more innovative and they 'truly' know how to run world class parks. Hence I switched my investment to VRL and have done very well out of it
AAD Price at posting:
$1.11 Sentiment: Sell Disclosure: Not Held
