WNX 1.32% 75.0¢ wellnex life limited

OMG, Revenue for the year was circa $900kYet, they wrote off...

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  1. 19,072 Posts.
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    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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