yes pretty much as we predicted re costs and receipts.
, the bulk of that $1 m pa goes to the CEO although based on the blurb in the announcement it looks like he is not drawing much of a salary currently and there are going to be cuts in remuneration going forward , however still going to be some serious questions asked by current and prospective shareholders when the company goes to the market for a CR given only a 5% rise in receipts compared to the previous quarter ,
If the company wants to get the CR at close to VWAP over the last month , it better have a definitive strategy in increasing the topline by at least 20% quarter on quarter as poster Moossey projected months ago
OVN Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held
