AGO
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0.00% 4.5¢ atlas iron limited

So what are we looking at here, I am assuming the average pay...

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  1. carnage
    257 Posts.
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    02/12/14
    14:49
    Post #: 14393668
    So what are we looking at here, I am assuming the average pay packet is $200K/yr.

    - 9 board members = $1.8M/yr
    - 6 board members = $1.2M/yr, savings of $600K
    - 15% reduction in remuneration = $1.02M, savings of $180K

    So total saving (or reduction of fix cost) of $780K/yr? Is that right?
    AGO Price at posting: 16.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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