WNX 4.17% 2.5¢ wellnex life limited

Ann: Preliminary Final Report, page-2

  1. 18,540 Posts.
    lightbulb Created with Sketch. 2626
    OMG, Revenue for the year was circa $900k

    Yet, they wrote off $1.5 M in inventory - nearly twice the amount of Rev.

    Admin and Corp Cost was $3M

    And employee benefits (Wages) was $3.3M for the year.

    Why wasn't any shareholder invited to this party?

    If they are this generous when the company is performing badly, what would happen if and when the company starts generating profits?
 
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