They increased salaries by a good amount sometime in 2023. And unless I’m very wrong this factor has depressed both return ratios and share price reducing returns for management…
But thanks for the response. It’s quite frustrating. They’ve been gaining market share and have seemingly avoided many pitfalls better than competition (my company works with other players in theindustry so have some general idea of what’s going on), but this fact I’ve not been able to fathom.
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