I am actually up. I started buying at high 30's a year back,...

I am actually up. I started buying at high 30's a year back, sold half at 65 - only because I needed the money for something else - not as I thought TAP was high.

I don't think we can justify $3m a year in board/senior management fees at all. I think thats a bit of a rort, especially for a non operator. 6 guys at $400k plus. Even the chairman is on a whopping $170k a year.

What are all those blokes doing all day to justify that sort of coin?

Well - we will soon find out when they have to answer those questions publicly!