Think the staff cost increases were bonuses paid to Bane and Joel.
Not sure about that. Staff costs increased to $590K for the quarter. But they are forecasting staff costs to increase to $790K for next quarter (this quarter which is over half way through) and corporate costs are forecast to increase from $1.2mill to $1.5mill. And R&D from $622K to $1.2mill. The company is either gearing up for some customer growth or they are more negligent than one could ever imagine.
GSW Price at posting:
40.5¢ Sentiment: None Disclosure: Not Held
