Husband and wife team using the same nick:D
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Husband and wife team using the same nick:D
Twitter the other day
a2MilkUK (@a2MilkUK)
13/11/18, 5:44 AM
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Very dissappointing that an otherwise good company result would be shafted by a pre-announcement that the CEO intends to flick her entitlement shares again in 2019 when they vest, albeit paid out by a share buy back. This beggars belief, have these muppets got no idea about managing investor sentiment?
There was one a time when employees were given stock in a company to ensure their interests where aligned with the outcome of the business. Now some folk just want to ditch stock to get cash asap, rock up late to the party (after the hard work was done) and demand a pay rise.
Someone is trying to milk this thing. If i were a shareholder, I'd be pushing for a vote to get rid of the cow.
I watched almost the whole AGM and the cold response she gave about selling her shares again due to "tax obligations" was just unbelievable... despite the whole media pessimism/sp drop on the previous selling,she just does not get it and why would you? Also the chairman spoke about how "difficult" was to get her on board as if he got the "kohinoor" of CEO's...i am still not convinced on the reasoning of not giving cash instead of shares(when you have a truck load and not being distributed...)
The last interview about her selling of shares on Bloomberg for "tax obligations"....
https://www.youtube.com/watch?v=lByBtCKM98s
For investors like me ...the sentiment sounds very negative and my patience is certainly being tested.
She's selling shares in August 2019- how does she know what her tax obligations are already. Isn't she on some sort of pay tax as you earn now?