Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

An anti-remote work Australian mining CEO wants workers to stop stepping out for coffee: ‘I want to hold them captive all day long' [Fortune]

MINERAL RES LTD UNSP/ADR (MALRY) 
Company Research Source: Fortune
“I want to hold them captive all day long,” Ellison, chief executive officer of Mineral Resources Ltd. said on Thursday. “I don't want them leaving the building. So I don't want them walking down the road for a cup of coffee. We kind of figured out a few years ago how much that costs.” Ellison was championing the perks of working at the firm's two-year-old Perth headquarters , which boasts a cafe, restaurant, gym, creche, reflection room and wellness center. The 67-year-old mining veteran said that staff “loved working” in the building and its facilities “kept them glued” there. “I have a no-work-from-home policy,” he said in the transcript of a call with analysts following an earnings update. “I wish everyone else would get on board with that, the sooner the better.” “We can't have people working three days a week and picking up five days a week pay.” Ellison's office policy is something of an outlier in Australia, where working from home has become the norm for white-collar Show less Read more
Impact Snapshot
Event Time:
MALRY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MALRY alerts
Opt-in for
MALRY alerts

from News Quantified
Opt-in for
MALRY alerts

from News Quantified