RE: HH Pump and flare17 Jun 2020 17:17
All very well and good, but is the revenue in the company actually increasing? "Sadly for shareholders, earnings per share are actually down, over three years. And the impression is worse when you consider revenue is down year-on-year. These factors suggest that the business performance wouldn’t really justify a high pay packet for the CEO. Since shareholders would have lost about 82% over three years, some UK Oil & Gas PLC shareholders would surely be feeling negative emotions. This suggests it would be unwise for the company to pay the CEO too generously. " It's big renumeration However, the company paid the CEO total annual compensation worth UK £767k over the year to September 2019 - on a revenue of just £213,000. So the company solution is? Issue more shares and dilute value even more. Lets get some money in the bank instead of frigging around with different pumps every month. Is this a classic 'ball and cup' trick? Which one is the oil under?