this stock is undervalued, page-6

  1. 12,939 Posts.
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    Annual report info.

    Glyn Denison - Non executive Director - spokesman for company announcements etc.

    2013 Primary Salary & Fees $92,500

    Plus Super $25,000

    Other $3,334

    Primary Salary and Fees is made up of $25,000 lump sum payment.

    The balance of the $92,500 is made up of a payment of $1500 per day on consulting fees.

    From these figures Glyn is paid $67,500 in consulting fees.
    From my calculations based on an 8 hour day for example, Glyn spends 45 days per annum per year working on OBJ


    Assuming 260 work days available, that is 17% of his time per year is spent on OBJ

    What about the company for the other 215 days.

    Must just manage itself.




 
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