AFT afg 2023-1 trust in respect of series 2023-1
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  1. caseyd
    201 Posts.
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    21/04/11
    11:18
    Post #: 8300554
    In a letter to shareholders back in May 2009 AFT announced a 50% cut in wages to help build the balance sheet.

    http://www.asx.com.au/asxpdf/20090519/pdf/31hnz8sz6cqtgq.pdf

    It seems their strategy back then is paying off. I wouldn't think they are the only ASX listed company rewarding themselves with shares rather than cash.

    My opinion only - DYOR

    AFT Price at posting: 0.1¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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