1.2million placement at .006

YIKES AND OUCH.....AND YES IMO THIS WILL FALL BELOW 1 CENT BY THIS AFTERNOON......THE PENNY DREADFUL AREA CONTINUES TO DISAPPOINT AND MUM AND DAD MUGS ARE LOSING THEIR NEST EGG.....

Yikes and OUCH !!!...and YES IMO this will fall below 1 cent by this afternoon...The PENNY dreadful area continues to disappoint and mum and dad mug punters are losing their nest egg.....


The paragraph below should have been done years ago and this should be done accross the penny dreadful sector...its time directors and management were paid in accordance with the companys performance...!!!


"""The Company has undertaken an internal overhead review, resulting in a significant
reduction in overheads of greater than A$2.5m per annum, including cuts to staff salaries
(>A$300k) and Director’s fees (>A$200k).""""