In my hotcopper post dated 28/10/19, I had a question about the...

In my hotcopper post dated 28/10/19, I had a question about the $83,000.00 in receipts from customers in the 4c Quarterly. I thought it might be for consultancy work or the like. Further reading through the Financial Report 31/12/18 I found the $83k is rent received from sub leases. Below is an extract from Note 26 page 77.

'The companyrecharges 20% of the rent and other tenancy charges to Electro Optic SystemsHoldings Limited, a company of which Fred Bart and Ian Dennis are directors,20% to 4F Investments Pty Limited, a company controlled by Fred Bart and 40%to another tenant who is a shareholder in the Company.'

A bit wishful thinking on my part.

Cheers - GLTA