WFL 0.00% 0.3¢ wellfully limited

Ann: Appendix 4C June 2018 Quarter, page-60

  1. 34,916 Posts.
    lightbulb Created with Sketch. 480
    With the growing number of salaries to pay, costs are soon going to grow to over $5 million per annum

    Not sure about this. This quarter it was around $900K extrapolating out to $3.6mill a year but approximately $1.3mill is R&D which generally gets clawed back. So salaries would have to increase by $2.7mill for $5mill to be reached. Unlikely unless they go it alone. But I do understand the point you are making.
 
watchlist Created with Sketch. Add WFL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.