RE: Are they making money now?23 Apr 2024 16:24
Hi EdwardSeaton,
You don't get it, there not interested in what the share price does, because there not selling, there in it for the long haul. That's another 10, 20, 30 years or more & possibly passed down to another generation as well.
I forgot to include something when talking about salaries/bonuses etc & I've closed down the files I had open & can't be bothered to re-open them to get the exact amount.
In one of them, LAS I think it was, it outlines Sir M Hellier's salary which was around £200,000 but he also got "office services" ie use of an office & all the things that go with it worth at least £300,000 to run the rest of his empire. Private or minority interests in public PLC's etc.
That will have been passed down to Andrew, John & the rest of the family. They gain so much more than just the headline numbers & those caught in the trap, fund 40%+ of it all annually.
It will be interesting to see how much John gets paid by BISI & Andrew by LAS for there directorships.
LOTM