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lightning - Mon, 31 Dec 01 :

goodfella post 5559
I have been considering your post most carefully

"WGG will plough ahead with their hair brained Planestation scheme and convert all of their potential profits from land sales into capital expenditure on Planestation development , and they will continue to lead the life of luxury in Mayfair on fat cat salaries, whilst shareholders see the downtrend in the share price continue as further dilution borrowings continue apace."

I have always voted against large salary increases and remuneration packages for directors etc which are not genuinely linked to performance and am extremely concerned by the above. I am therefore minded to demand an immediate explanation from Mr Iny, enclosing a link to your post. I do not agree that money should be wasted in this manner when there is likely to be a cashflow problem as you infer.


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