CDY 1.43% 7.1¢ cellmid limited

Well Pharma, I didn't go but a major point for me was that 85%...

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  1. 1,085 Posts.
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    Well Pharma, I didn't go but a major point for me was that 85% of the votes supported Maria's performance bonus. That is roughly less than half of the shares on issue.


    It doesn't sit well with me that a CEO (any CEO!) who is on a generous salary package - also gets a performance bonus prior to the business reaching both profitability and a positive cash flow from operations.


    To me, if a business is being supported by long standing shareholders who are constantly in the red, then the management should "share some of that red". 



 
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