Australia's largest stock trading and investment forum Australia's #1 stock forum

OAK

Click for more information

21.4%

7.0¢ oakridge international limited

Those directors payments are on top of Admin Costs... :o Why are...

First 22 Last

Share
Profile

Follow
crosek

1,409 Posts.

219

28/10/16

17:39

Post #: 20210252
Share

Originally posted by Jaybo ↑

The main thing that concerns me from the report is the Admin and Corporate costs... $2,297 million for the Qtr with $456,000 of that going to the Directors... With a cash burn like that there will be another cap raising before we know it! $274,000 revenue doesn't even cover the staff costs yet. Also should they manage to get another $38,500 revenue a qtr over the next 2yrs then the proposed 30% bonuses clause would be hit giving them another $108,000 each.... Big bonuses for a company that looks to be bleeding cash...
I understand that research and marketing doesn't come cheap but the performance targets need to be set a bit higher methinks.
All IMO and DYOR.

Cheers

Expand

Those directors payments are on top of Admin Costs...

Why are they getting paid so much again?

XPE Price at posting: 3.7¢ Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

SFX

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

NIM

Nimy extends sulphide targets at Mons with new anomalies identified

NXM

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

There are more pages in this discussion • 105 more messages in this thread...

First 22 Last

Add OAK (ASX) to my watchlist

(20min delay)
Last 7.0¢		Change -0.019(21.4%)		Mkt cap ! $1.89M

Open	High	Low	Value	Volume
7.0¢	7.0¢	7.0¢	$1.056K	15.08K

Buyers (Bids)

No.	Vol.	Price($)
1	29911	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
8.5¢	182500	1

View Market Depth

No.	Vol.	Price($)
1	29911	0.070
1	100000	0.069
1	100000	0.064
3	15100	0.063
1	80000	0.060

Price($)	Vol.	No.
0.085	182500	1
0.088	104574	1
0.089	200	1
0.090	150	1
0.095	1524	1

Last trade - 15.27pm 27/06/2024 (20 minute delay)

OAK (ASX) Chart