So a $13M + loss for the year, more than $10M more lost then the year before. Two years in a row of bleeding cash. Only $18M left in the kitty but let’s keep paying the top boss a $200k + annual salary.
Asset rich, revenue poor. It is unsustainable in this industry. The overheads to maintain these assets are way too high.
Will be interesting to see if they manage to keep propping the share price.
Sorry just my two cents. The potential was there but I don’t think they managed it correctly over the downturn.
Ann: FY22 Results Presentation, page-2
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EXP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $109.8M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $13.06K | 87.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 72493 | 2 |
View Market Depth
| Last trade - 15.56pm 02/08/2024 (20 minute delay) ? |
| EXP (ASX) Chart |