Australia's largest stock trading and investment forum Australia's #1 stock forum

HGV

Click for more information

6.12%

4.6¢ hygrovest limited

consultancy fees, page-2

First 2 Last

Share
Profile

Follow
Sensi

5,043 Posts.

189

16/02/15

18:14

Post #: 14764247
Share

Originally posted by antibotter ↑

Even though Mr Smith is not a director of company any longer he receives a consultancy fee of $US 10, 000 per month (current exchange rate would be equililent to about AUD $13, 000) until further notice. He also received a sign on bonus of $AUD 130, 000.

Mr Wachtel receives $US 15, 000 per month as a consultant

That's just for starters - with all the other consultants and expenses being paid out on a monthly basis - I am sure the money in bank is diminishing

Who ever believes there is 5 million AUD $ in bank most probably believes in tooth fairy

My comments are exactly that, should not be taken personally, and is not investment advice

Expand

I also did the same numbers and figured out a CR is on the Horizon much faster than anyone would think. I reckon on my expectations money won't last 12 months at this burning rate!

MMJ Price at posting: 36.5¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 15 more messages in this thread...

First 2 Last

Add HGV (ASX) to my watchlist

(20min delay)
Last 4.6¢		Change -0.003(6.12%)		Mkt cap ! $9.674M

Open	High	Low	Value	Volume
4.8¢	4.8¢	4.6¢	$4.19K	88.82K

Buyers (Bids)

No.	Vol.	Price($)
1	43959	4.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	265158	2

View Market Depth

No.	Vol.	Price($)
1	43959	0.046
1	30000	0.042
1	40000	0.036
1	8600	0.035
1	35490	0.028

Price($)	Vol.	No.
0.050	265158	2
0.052	223516	2
0.054	20000	1
0.058	17840	1
0.060	1852	1

Last trade - 15.06pm 16/05/2024 (20 minute delay)

HGV (ASX) Chart