This is a salary fit for King, even an Australian prime minister.
Isn't it time MEL shareholders took this up with Henderson regarding his extortionate salary for what has turned out to be a very shoddy business plan?
Reduced equity
The $3.8 million loss last year has reduced Metgasco's total equity to just $8 million, mostly cash.
The company has now cost investors $116 million since inception.
The report also lists managing director Peter Henderson's salary package as $612,000, of which includes a cash salary of $425,000 plus benefits, super and shares worth $90,000.
Mr Henderson has taken an $80,000 cut in his package since last year, when it was worth $705,000.
http://www.northernstar.com.au/news/metgasco-records-38-million-loss/2814084/
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.511M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 6445909 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 11003663 | 9 |
View Market Depth
| Last trade - 16.21pm 08/08/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
Day chart unavailable