Yes our old friends at FFF continue with the side splitting comedy. After a disastrous attempt to be taken over by some unknown 'tower of puff', ACE, the lads down at FFF come out with another startlingly bad performance with revenue, EBITDA, cash flow and almost every other indicator down on the previous dog year. But, there's more....the boys have decided to give themselves a solid pay increase for the crap performance. About 46.5% actually. They are now taking a modest $3m in salaries and director's fees out of our Net operating loss of $4.1m. The CFO gets a whopping $474,110 (what? for writing ASX releases?) and some other dude (now 'removed') got a lazy $448,000 for 7 months work. The laughs keep coming.
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Yes our old friends at FFF continue with the side splitting...
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Add FFF (ASX) to my watchlist