Greedy Selfish Scumbag Board

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    Now let’s look at what for example Qantas board of directors announced recently:
    “ Senior Group Management Executives and the Board have increased their salary reductions from 30 per cent to 100 per cent until at least the end of this financial year, joining the Chairman and Group CEO in taking no pay. Annual management bonuses have also been cancelled.”

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    Now our FN useless greedy scum sucking board has not even reduced their salaries one cent whilst shareholders have lost most of their investment.

    Should anyone be driving and see any of our scumbag board walking across the street in front of you to bank their huge salaries, please do not hit the accelerator instead of your brake by mistake. If you should by accident hit the accelerator, then I sincerely hope the damage to your vehicle was not too great...

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    Truth if you was on the board would you have reduced your salary???..

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    If I was on the Board our share price would likely be dollars and investors happy to see me increase my salary...

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    ...also Qantas an excellent investment now but could go a bit lower ...if you are looking to make money that is..

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    Qantas and Virgin both. Don't forget - only a small percentage of Virgin is traded on the ASX. Vast majority of share held by other airlines and investment groups.

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    That is what good BOD's do. Taking care of their shareholders and leading by example.

    But have we got the same happening here.??

    Yes....dream on.

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    ""#Truth if you was on the board would you have reduced your salary???..#""

    NewPilot, any Board member and executives with the smallest amount of conscience would do it. But unfortunately it appears than none of ours do have that gift.

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    Surprise, Surprise.

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    Truth, you have not answered to New Pilot's question.?????????????????

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    I ran many public companies over the decades and never cheated anyone and as a result was able to continue to do deals with them again ....and answered every shareholders phone call. Made lots of money for shareholders and those that stayed with me. It’s all fun if you do it right and enjoy a good fight every so often...nothing too hard...just do it...

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    ###and answered every shareholders phone call###
    I find that hard to believe, the last company I worked with hired a person, who worked from home just to answer phone calls, he knew what he could say and what not to say.

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    The Truth is the word...

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    Companies only take notice of shareholders at the beginning of times when they float and when they need to do some capital raisings.

    After that, and when they become a little larger/bigger, shareholders are just a big pain in the arse for them and only want to deal with some sophisticated investors and financial institutions.

    And that is a fact. FACTS NOT FALLACIES...................

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    Truth, you are wasting your time rubbishing the BOD's of Directors and the Management. IMO they couldn't care less and it is for them just like water on a lame duck's back.

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    ###Companies only take notice of shareholders at the beginning of times when they float and when they need to do some capital raisings###

    Mate you don't know HOW true that is, I have sat in on meetings before a CR, we called it dressing the CR, how to make the CR look nice for the punters.

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    So true mate. So true and it is all done I=under the very eyes of the ASX who is conflicted by having it's own listed company while running and overseeing the rules of listing, and ASIC who couldn't see through the thick blinkers they are wearing at all times.

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    ASIC are as useful as tits on a bull.

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    At least the tits on a bull are here for someone to see them. ASIC instead has nothing to show for and even the RC called them to task for their lack of actions and sleeping in their laurels.

    Just asleep at the wheel.

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