This stock is on my watch list.
I have no position or will I be taking one in the near future.
I was just looking around and saw this post and decided to take a look at MO's salary.
WOW.
as a company not making a profit and getting GOV. grants etc. that salary is unacceptable.
It's high for a profitable company or whatever he's done in the past.
I'd hope shareholders take action on the next AGM/or EGM. You also have other options available to you.
I'm not trying to cause a stink on the boards. I'm a big fan of this company as it's one of Australia's leading renewables and WE need this company to be successful.
If it fails it will be a poster child for coal companies claiming investors can't make money in this sector...that's NOT true.
MGMT. need to find religion or move on IMO.
Lots of talented execs out there willing to work for free (stock options) or low salary.
CCE have incredible amounts of potential!
Wishing all SH's the best of luck.
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Add CCE (ASX) to my watchlist