RXM 0.53% 46.8¢ rex minerals limited

Ann: Closure of Advisory Board and Resignation of Director, page-4

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  1. 311 Posts.
    Well Olsen as MD last year with consultancy fees through his entities was paid $ 1 million or thereabouts according to the Annual Report.

    Company was floated in 2007, and every year since he has been on $300 + K ( or thereabouts)
    With 6 million shares, you would think he would be trying to build the share price, and collect his $1 million wouldn't you?

    Operating costs would be huge as well as I am sure he doesn't stay at the local YMCA when he travels for the company.
 
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