SGL ricegrowers limited

must read

Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
  1. 501 Posts.
    This article is from Wednesday's "Australian"

    Sydney Gas (SGL)

    CRITERION reverses an earlier "buy" call on Sydney Gas to a SELL today.All is not right with a company still to make a profit deciding to pay it's chief executive and chairman huge bonuses for work yet to pay real dividends to shareholders.Sydney Gas is entering a critical make-or-break phase and yet Bruce Butcher took home a 141% pay increase to $1.9 million while chairman Domenic Martino was awarded a 3126 per cent pay increase to take home $1.5 million (up from $48000). Sure, Martino expanded his role a bit, but really, it's outrageous.
    These pay scales should come next year if these men manage to keep their word and start commercial production by New Years Eve.

    Is this "Martino" the same guy that "Slipped out the back" when Newtel was about to go down?

    If it is, he's a slippery as snot!!! BE CAREFUL!!!
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