CAP 2.27% 4.3¢ carpentaria resources ltd

$139,000 in redundancy payments....right...... Chris Powell was...

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  1. 68 Posts.
    $139,000 in redundancy payments....right......

    Chris Powell was entitled to 3 months notice on termination per the annual report which is ~$40k. Im not aware of any other significant redundancies over the period so i can only assume he was handed ~$99k.

    Perhaps the Board should spend less time begging and pleading for re-election and more time explaining how this payment is in shareholder's interests or in the least why it was necessary.
 
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