I think this is part of the further cost reductions alluded to in the quarterly report:
"RLG continues to drive sales efficiency through not only revenue growth but also cost reduction which is
expected to deliver positive net cash flow for the Company in 4Q FY2021. Payments for staff costs in the
quarter totalled $807k down 20% from the prior quarter. Admin and corporate costs were $230k in the
March quarter down 9% from the prior quarter. Advertising and marketing expenditure was $358k for the
Quarter, down 18% from the prior quarter, with Company reaping the benefits of investment in sales and
marketing initiated in the December Quarter. Further reductions in administrative, corporate and staff
costs and advertising and marketing expenditure are anticipated in the following quarters as RLG
continues to increase its sales and financial efficiency leveraging its growing expertise and technology.
RLG anticipates that this will continue to contribute to revenue and margin growth in subsequent quarters."
(Emphasis added)
All IMO and GLTAH.
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $6.371M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $7.188K | 1.824M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 5760535 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 6806629 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 5760535 | 0.003 |
6 | 5678646 | 0.002 |
3 | 4100000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 6806629 | 6 |
0.005 | 9904369 | 8 |
0.006 | 12280335 | 8 |
0.007 | 3579482 | 4 |
0.008 | 500000 | 1 |
Last trade - 12.32pm 29/07/2025 (20 minute delay) ? |
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