OAK 0.00% 6.9¢ oakridge international limited

Ann: Quarterly Activities and Cashflow Report-XPE.AX, page-20

  1. 1,409 Posts.
    lightbulb Created with Sketch. 219
    Read it a little bit better, this is what I see:

    For the last quarter (Q3):

    - $2,005,000 Administration & Corporate Costs
    - $292,000 Staff Costs
    - $456,000 Payments to Directors
    - $230,000 dividends paid (to bloody who? wheres my share?)
    - Only $64,000 spent on Product Manufacturing, Advertising and Marketing
    - Only $274,000 Cash Reciepts

    For the next quarter (Q4):

    - Total estimated Cash outflow ~$2,500,000 (not including 'Payments to Directors')

    So at this rate, they are spending about $12M per year with only peanuts for revenue secured....

    Anyone still think this is a great announcement?  
    Last edited by crosek: 28/10/16
 
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