Funny Olsen overseeing all this carnage!! he's one of two on the remuneration committee that has awarded himself a payrise of 75% and the package for the other directors has gone from $1m to $1.4m a 40% jump all for what (sorry a massive net loss with a future tax benefit that they class as a asset) ? Don't these guy's know that its us that own the co not them and yet they have their snouts so much in the trough that they have sold most of their shares (well Olsen has) and gave himself a payrise to boot....I say boot him out..its a disgrace and posters are still on here defending him after he's bought the company so close to receivership but this could be their last year as ANZ wouldn't want to renegotiate the debt next year after all these losses (the co has already defaulted but the co managed to get just one more year of life before its all over)!!!
GRB Price at posting:
5.2¢ Sentiment: Sell Disclosure: Held
