no arguments if they have an increase in revenue... cash is king.
in the mean time they are saying that they are intending to reduce the bleed by $200K a quarter ostensibly from wages and consultants. so annualised that is a reduction of $800K for the year.
in 2023 (from annual report) they spent $741K odd on employee and director costs, $162K on consultants and contractors and $224K on admin costs.
do they intend to claw $800K back from those 3 items? or is the clawback only intended for a single quarter? (cos maybe an order is coming?)
no arguments if they have an increase in revenue... cash is...
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