AEB affinity energy and health limited

AEB this quarter paid their staff and consultants $1.82 million,...

  1. 125 Posts.
    lightbulb Created with Sketch. 22
    AEB this quarter paid their staff and consultants $1.82 million, over 3.5 times what MXC paid at $0.52.... about 2 times what AC8, CAN and CPH paid......over 10 times what ZLD paid at $0.177......over 20 times what CP1 paid..... Why so much? I could understand it if AEB were making money but they will need to make about 8 million per year just to meet staff and consultants fees/wages. AEB has 1.3m cash left with $0.005 income last quarter. So about 7 weeks at the rate AEB are going left till cash is NIL. Capital raising appears needed within weeks, price will drop if capital raising is needed again. Highly paid AEB are doing well even if the share price is not.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.