Mr.Latham’s compensation consists of a base salary of US$588,000 per year, cash bonus of US$275,000 plus superannuation payments underAustralian law for his role as executive officer and US$95,000 as fees for his role as director. Mr. Latham is also entitled to a vehicleallowance ofA$20,000 per year. Apologies for being $12,000 off his base salary.
My apologies for his share holdings too, although the fact he holds 160ml shares compared to 23ml further validates my point. I've got a feeling Joel would be much more focused in those shares getting back to our ATH's and beyond than he would be counting his $588,000 yearly salary.
IHL Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held