IVA 0.00% 21.5¢ inova resources limited

single figure penny stock, page-3

  1. 370 Posts.
    From the annual report :

    "During the year total remuneration to directors and senior management was $7,322,667 (2011: $6,742,120), an overall
    increase of $580,547 due to the increase in the number of key management positions"


    Management salaries now makeup 10% of the company's market cap !!!

    Imagine if BHP paid 10 BILLION dollars to its management team each year.
    Surely even in the junior/specie leagues where we now find ourselves this is an overweight position for the fat cats ?
 
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Currently unlisted public company.

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