CNB 0.00% 38.0¢ carnaby resources limited

Ann: Annual Report 2018, page-13

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  1. 1,681 Posts.
    lightbulb Created with Sketch. 8
    MD Neil Underwood' salary as I read it = $230,000
    That is not unreasonable. The director/chair fees are also conservative.
    It has certainly been a disappointing slippery slope since Nov'17 @40c and a CR @.23
    but at least the company can meet its commitments with cash at 30 June'18 approx $3.7m and no debt
    An update is overdue, given they have just gone through summer, presumably the active time.
 
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