OAK 7.46% 6.2¢ oakridge international limited

Ann: Quarterly Activities and Cashflow Report-XPE.AX, page-20

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
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CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,409 Posts.
    lightbulb Created with Sketch. 219
    Read it a little bit better, this is what I see:

    For the last quarter (Q3):

    - $2,005,000 Administration & Corporate Costs
    - $292,000 Staff Costs
    - $456,000 Payments to Directors
    - $230,000 dividends paid (to bloody who? wheres my share?)
    - Only $64,000 spent on Product Manufacturing, Advertising and Marketing
    - Only $274,000 Cash Reciepts

    For the next quarter (Q4):

    - Total estimated Cash outflow ~$2,500,000 (not including 'Payments to Directors')

    So at this rate, they are spending about $12M per year with only peanuts for revenue secured....

    Anyone still think this is a great announcement?  
    Last edited by crosek: 28/10/16
 
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