so, some further observations from the qtly.
1. The share issue/s cost $295k = 12% of the amount raised.
2. Staff costs of $353k
3. Admin and corporate costs $515k - What the F is this. crikey - Take out the grants and the officve costs $900k a quarter to operate - geez Louise.
There needs to bae an instant major arrest of the cash outflow A token reduction in salaray by Cinnebon will help by circa $75k in the qtr. It all helps but we need to save more. I'd like to know what is included in the admin and corporate costs. Can't all be rent.
Once again I apologise @bendigo but our money is being "used" by Bozo the clown atm.
If something is done quickly and harshly on the cash outflow then I'm afraid our hard earned will be hard lost.
imho & dyor
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so, some further observations from the qtly.1. The share issue/s...
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