-$5m fee to Aesir and others advisors that helped raise the capital - lucky them!
Standard fee is 6%. $4.5mill on $75mill. No surprises there. A drop in cash receipts is a hard one to explain. All of admin/corporate costs, staff costs, r&d costs up substantially on the previous quarter. And going up substantially again for this quarter according to the projected. Not a goo quarterly to sustain a $500mill+ marketcap unfortunately.
GSW Price at posting:
$2.92 Sentiment: None Disclosure: Not Held