Originally posted by johnnydust
Ok then, well although 'not fair' when looking at asx performance it looks in line with the agreement so on those grounds can be deemed 'reasonable'.
I do question why these details weren't included in the appointment announcement but perhaps I missed something somewhere. They mentioned in that announcement achievement of KPI's so would be interesting to know what they were. If the company was going gangbusters no-one would question the rights issue but it isn't so we are, probably easier to just move on.
One KPI achieved was accident free days for which he was paid a bonus.
As you say, perhaps move on. That is history now.That is why the 249F and the new board. Lets just be patient and let the new board get their feet under the table and sort out the mess.
Don't expect quick fixes, it's taken 2-3 years for the former B & M to drive this ship almost to the scrap heap. There's a lot of repairing to do.