RE: AP hotels bill7 Jul 2023 07:31
I used to work at a company where the ceo lived the dream…..watching him lie to big investors but we all got paid and we convinced ourselves we’d be a success. When it got desperate, a share scheme was brought in, worth about £2-5k for the workers and £500k to the ceo. Anyway, the ceo sold out a few weeks before administration, the workers got nothing and there was a clause in the share scheme that meant you waived your rights to redundancy. I don’t think it’s that bad here……Let’s assume diamonds are worth £15-28m, minus 10m repayments will see vast as a £25-40mcap company by Xmas (sp at 1.5-2). Is there a such a thing as a decent aim ceo?