$677000 has evaporated into thin air alone on the failed acquisition of Dixie Gold.
$600000 “admin expenses”
$457 000 “staff costs”
for a total of 3 director meetings held.
Over $100 000 spent on “investor relations”
Om1 has failed its shareholders in a massive way.
You would hope that the top unrelated shareholders are putting the heat on.
ASX have probably fallen off their chairs reading these numbers.
Ann: 2024 Annual Report to Shareholders, page-3
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