...mmm....
- So Bane & Joel paid themselves ~$17M this year alone...while 'real' revenue was ~$2M;
- And they have confirmed that the last acquisition was for another bankrupt company; the same as the previous ones...and the whole acquisition strategy was so that they could issue themselves 20M performance shares...
1H-FY21 Predictions? ...not good based on this...more interested in what the 'other information' in the auditor's report is referring to...
....why this share price is still above 10c after this, is beyond me....
....all I know that these guys should not be managing ASX listed companies... well any company for that matter....hopefully ASIC's case would correct this soon... and all of the money they have taken from investors to pay themselves over $30M in salaries, bonuses & bonus shares since the Dec 2017 fundraiser would be recovered...
...anyone still rating this as a buy or held is either delusional...or have a vested interest in this...like staff etc.
...my two cents....
...mmm....So Bane & Joel paid themselves ~$17M this year...
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