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  1. #591
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    Quote Originally Posted by Balance View Post
    https://www.nzx.com/announcements/330690

    Another pig to the trough.
    Oh oh , another lawyer

  2. #592
    Legend peat's Avatar
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    Quote Originally Posted by Lola View Post
    Oh oh , another lawyer
    and one already part of the elite crew
    so unlikely to make any real difference otherwise she would have done it already in the six years from 2002-2008.

    https://www.youtube.com/watch?v=fO1Z8ikSEPU
    Attachment 10323
    For clarity, nothing I say is advice....

  3. #593
    Legend Balance's Avatar
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    Quote Originally Posted by peat View Post
    and one already part of the elite crew
    so unlikely to make any real difference otherwise she would have done it already in the six years from 2002-2008.
    Anyone who lasted 6 years with Weldon is either a 'yes person' or useless.

    It's that simple imo.

  4. #594
    Legend Balance's Avatar
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    https://www.nzherald.co.nz/business/...ectid=12207113

    "Sharemarket operator NZX has been told to significantly cut costs or it will face another boardroom challenge from disgruntled shareholders."

    101 staff paid over $100,000 a year. CEO paid over $800k a year.

    For what? Taking the NZX backwards.
    Last edited by Balance; 25-02-2019 at 10:51 PM.

  5. #595
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by Balance View Post
    https://www.nzherald.co.nz/business/...ectid=12207113

    "Sharemarket operator NZX has been told to significantly cut costs or it will face another boardroom challenge from disgruntled shareholders."

    101 staff paid over $100,000 a year. CEO paid over $800k a year.

    For what? Taking the NZX backwards.
    instead of cutting costs to feather ones own nest why dont they sack the board and look for people to grow the business. far better in the long run
    one step ahead of the herd

  6. #596
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    Quote Originally Posted by Balance View Post
    https://www.nzherald.co.nz/business/...ectid=12207113

    "Sharemarket operator NZX has been told to significantly cut costs or it will face another boardroom challenge from disgruntled shareholders."

    101 staff paid over $100,000 a year. CEO paid over $800k a year.

    For what? Taking the NZX backwards.
    Incredible numbers for a company that size - over 100 staff on $100k+. Wowsers - what a gravy train.....

  7. #597
    Legend Balance's Avatar
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    Quote Originally Posted by Sideshow Bob View Post
    Incredible numbers for a company that size - over 100 staff on $100k+. Wowsers - what a gravy train.....
    And for taking the company (a freaking monopoly at the end of the day) backwards in every way possible, the CEO gets $800k a year!

    Wouldn't even pay him $350k for a job running a monopoly down!

  8. #598
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    Quote Originally Posted by Balance View Post
    And for taking the company (a freaking monopoly at the end of the day) backwards in every way possible, the CEO gets $800k a year!

    Wouldn't even pay him $350k for a job running a monopoly down!
    Yup, deserve a serious review. I'm a little invested in NZX. Not done well at all. Wanted to own a part of a well run kiwi owned firm. Needs a refresh IMO.

    A lot of room for growth and cost saving. It's normal part of business cycle. Adapt or be replaced. Some quick changes will show they are interested in long term success.

    I don't want the NZX to be one of my share ex's...

  9. #599
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    Quote Originally Posted by Sideshow Bob View Post
    Incredible numbers for a company that size - over 100 staff on $100k+. Wowsers - what a gravy train.....
    Top heavy with Troughers like Air NZ, compare this with the average retirement village managers salary of 80-90k for example to see who the real workers are.PS-No wonder we are paying so much for brokerage compared to overseas.
    Last edited by couta1; 26-02-2019 at 07:43 PM.

  10. #600
    Legend Balance's Avatar
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    http://nzx-prod-s7fsd7f98s.s3-websit...420/296159.pdf

    And these are the 'bright' lights to steer NZ capital markets into a bright future.

    Unfortunately, a few on the Committee are already blown bulbs (ex-NZX director eg who supported Weldon's gross mismanagement and pillage of NZX) so already is a clear waste of time.

    Back to the future, folks!

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