Still no guidance on where we are going over the next 12 months.
SG&A should be much lower moving forward with redundancy & bonus payments at the EOFY - I'd assume these *new* sales agents will be paid a % commission of margin earned.
With $1.1m in payments to suppliers - Intermoco should hopefully earn at least $1.2-1.3m depending on product margins. (thats assuming they haven't pocketed any of this yet from their customers)
I think it will be a tight squeeze but hopefully INT breaks-even come 1st Jan. I just hope they don't throw it on SH's late December that they will need a cap raising.
It would also be great to get an update on Society Apartments, Bell St (Buildcorp) & Vivida Apartments to see the uptake of INT services in these buildings.
So many things unanswered still - could be quite an interesting AGM!!
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