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Thread: VIRGIN AGM
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Old 26th Oct 2011, 08:21
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tail wheel
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Join Date: Jan 1996
Location: Utopia
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1A. A 50% short term capital gain would have been great for my Super - had the Super Fund invested in Virgin, rather than Qantas!

My Super fund balance looks like that Qantas share price graph; despite contributing the maximum permitted by law, it is going backwards faster than I can fill the tank! One also wonders at the morals of a 15% input tax whilst experiencing capital losses!

I agree, morally executive management bonus incentives should be solely conditional upon the company's audited profitability, not inventive accounting around disposal of a company's essential operating assets.
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