CKK 15.8% 1.6¢ coretrack limited

Ann: Annual Financial Report to shareholders , page-4

  1. 33,864 Posts.
    lightbulb Created with Sketch. 1824
    interesting to see in the report Neil Hass operations manager for the drill division is on $280K per annum not far off what kelly the MD is getting paid before benifits.
    Looks like Matt the chairman has very few shares which I find interesting considering how involved he seems to be in the company.
    Pitty they can not get the ex MD nanny to do some maintenance work with a wire brush to earn the $200k we have to fork out for him for the next 5 months.
    Overall admin expenses seem in hand though however the c note holders are due to be paid back around $3M in about Feb2012 (I think it was then) which could mean the company will be looking for more finance given they ony have around guessing $7m in the bank now.
 
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