I agree. The company has probably cut all unnecessary spending yet the $300k loan from directors was probably because they can’t raise any money imo. And what is that $300k doing? It’s paying the directors salaries. If they make it to the next cr, $300k plus interest goes straight to the directors imo. Nasty cycle. I suppose it does not help that most here have said there is nothing coming this half of the year. So who will stump up for the next loan?
Also is GP still getting that mega salary? Does anyone know which directors stumped up the loan money?
Ann: Half Yearly Report and Accounts, page-16
-
- There are more pages in this discussion • 3 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 EGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.5¢ | $56.60K | 471.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 37983 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 10500 | 1 |
View Market Depth
| Last trade - 15.54pm 12/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |