Just received the Wellington Annual non report.
Although Wellington "generously" no longer draw a management fee, Custodian and registry fees $522,000 Professional and consulting fees $542,000 ... page 8 On page 24 Armstrong registry paid $582,345 in fees .............. I assume this is a mixture of the two previous figures.
No wonder they wanted to hang on to management!
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octaviar limited
$20,480 per week for what???
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