A quick glance and it's obvious the current business development and strategies are having an immediate effect.
Expenses have decreased compared to the previous FY and the business overall has decreased the net loss by $927,535. That's almost half the current market cap of the entire company!
In regards to expenses, you simply can't divide the expenses by the number of days, since many expenses are of a fixed nature. For example, public company costs are what the company must pay to enlist on the ASX. Without it we have no investment. It's the same story for audit fees etc. Those who are under the influence that we are spending $6k+ a day have already broken the first rule of investing. And that is to invest in what you understand.
I urge you all to take the time to read the report in full if you haven't already. It provides some more insight into what is happening behind the scenes in regards to our platform rollout.
Happy Trading!
Dalto24
PCH Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held
