EMP 0.00% 2.1¢ emperor energy limited

$558,829 is 23% more than the MD of Buru gets ($454,216) for a...

  1. 2,429 Posts.
    lightbulb Created with Sketch. 27
    $558,829 is 23% more than the MD of Buru gets ($454,216) for a company 30 times larger by market cap and probably 10 times larger by personnel. Call me old fashioned but you used to only get paid half a million bucks when you found oil. $558k is currently 8% of OBL's market cap.

    It's pretty outrageous. That said 5 years ago Doyle was working for $80k/yr. They used to be really good with wages, too "good" - they didn't pay themselves enough. Seriously they really stretched their money out. 6-7 years ago he was earning closer to $50k/yr which is silly. Good form and all, but I think even in the GFC you expect the head of a company to earn more than $44-55k. I mean I don't begrudge them making some of that back at all in later years but it's been more than a six figure payrise each year for the last 4 years. Probably would have been sensible to have paid themselves more back then and had a flatter rise but it probably wasn't as easy to raise money back then either.
 
watchlist Created with Sketch. Add EMP (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $3.312M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 500000 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 566666 4
View Market Depth
Last trade - 10.02am 08/11/2024 (20 minute delay) ?
EMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.