You could say that the bonuses were funded by short term debt at 12%. That's why it's so painful. Normally you'd be putting all resources towards paying it off.Though it could also be considered to have been paid through a raising, which was already insufficient to cover all funding requirements.
$500,000 Cash bonus taken by Ross & Jamie from placement., page-32
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Last
$1.36 |
Change
-0.025(1.81%) |
Mkt cap ! $353.1M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.39 | $1.36 | $164.7K | 120.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3992 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 1859 | 3 |
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| Last trade - 11.54am 03/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |