AGM Question, page-6

I would wonder what the wife of the MD does for her $75k pa.
Maybe Mr MD Michael Turbot runs APG is a bit like the HSU ex boss Michael Williamson. Willamson ran his show without regard to all his long suffering lowly paid unionists. Turbot has been at the reins of APG since listing in 1986, spent $$$MM's and has not produced 1 cent of profit. Not likely this year, cannot see any prospect next year or in the foreseeable future.
They may have run out of money, but the directors and company secretary last year cost somewhere in excess of $800k, and the General Manager Technology Development probably in excess of $200k, these totaling over $1M for no results. Be interesting what these 5 cost in 2014 for installing a few beams.