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16/10/18
06:26
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Originally posted by frostythesnowman:
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Confidence in the board is at an all time low. And that after years of disappointment says a lot about the current management team. For example how can you have confidence when they announce things like deals are awaiting the stroke of a pen and then noting comes to fruition years down the track, and they've been spruiking these kind of things for years. Are Bluecope really interested or are they just using APG? The testing was completed showing great end product and still more testing needed. Well chip in some funds in instead of APG having to do sheet financing deals to fund all the work plus pay management salaries. MT should have taken a huge pay cut, instead it looks as thought he's just milking to company, and going into semi retirement mode.
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The MD and the Board have taken huge pay cuts over the last few years....just check the annual reports. Example last year $188,979 This year $53,994 for the MD.