IVZ 4.05% 7.7¢ invictus energy ltd

Ann: Quarterly Activities Report, page-14

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 204 Posts.
    lightbulb Created with Sketch. 65
    A building’s rent doesn’t cost $3.2m annually. $500k maybe around the offices area in Perth as it’s a small suite. So what exactly is the remaining $2.7 million doing apart from “running” the business.

    Salaries is also $916k a year assuming no bonuses in shares etc, so for 5 board members plus say 3 additional office staff that’s an average of $115k annually. Pretty decent salary for a 9-5 day job if you ask me.
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.