Wow - $354k a year to conduct DD on a project you already control through another entity - not bad!
Of the $650k of shareholders money the company "invested" in FY17, $523K was employee and accountancy costs.
Of the $120k left, they even managed to incur a $17k bad debt!
Now I doubt that this thing costs $90k in accountancy and audit costs (cant be hard to audit a payroll of 4). I sense some director related party accountancy advice is required on how best to spend the remaining $120k. They wisely concluded that computers and communication (was in the top 3) would give the best returns to shareholders - need the latest iPhone to check bank accounts I guess.
What a joke.... Was thinking undervalued at less that 1c but now not sure....
- Forums
- ASX - By Stock
- DMG
- Bravo Mr Gardner
Bravo Mr Gardner
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.973M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1698021 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1698021 | 0.004 |
3 | 1090156 | 0.003 |
5 | 2238822 | 0.002 |
2 | 1300023 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 200000 | 1 |
0.020 | 556505 | 2 |
0.030 | 140000 | 1 |
0.045 | 15006 | 2 |
0.000 | 0 | 0 |
Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
DMG (ASX) Chart |
Day chart unavailable