PXX
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11.1% 1.0¢ polarx limited

Ann: Quarterly Activities Report, page-3

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  1. Yoda
    2,554 Posts.
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    28/04/20
    18:49
    Post #: 44308147
    No indication from the board (3 executive directors) if they intend to take a pay cut whilst they sit in Perth twiddling their thumbs. Admin & Corp costs are $286k per quarter = $1.14M per annum. With $1.4M left in cash you would think reducing overheads during Covid-19 lockdown is a priority.
    Last edited by Yoda: 28/04/20
    PXX Price at posting: 1.8¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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