Been watching PKD for a while. Was looking for an entry prior to reading yesterdays Annual Report. For a company with a market cap of $1.6M and Gross Profit from sales of $26k it is shocking to learn Admin expenses of $834k and Employee benefits of $964k were incurred for the same period. I initially thought it was a typo but on closer inspection noticed the 2019 period incurred similar expenses. If directors are happy for this charade to continue I will invest my $ elsewhere.
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