WFL 0.00% 0.3¢ wellfully limited

I think @hopeful99 is correct. From the 2107 Annual Report...

  1. HK1
    590 Posts.
    lightbulb Created with Sketch. 229
    I think @hopeful99 is correct.
    From the 2107 Annual Report (pages 10 & 11, for those playing at home), $50,000 annually plus $15,000 per month or a proportion of that on a pro rata basis (which is maybe where your comes from).

    So for 2017:
    $50,000
    Plus $15,000 x 12
    =$230,000 (which shows as $195,000 as salary and $35,000 superannuation)
    Plus $193,849 in Equity
    And $3,116 in Benefits (eligible FBT benefits?)
    =$426,965

    While I think its a fair question, for me, I feel they are keeping a cap on expenses and GD is well worth the expense.
    But it is Revenue (or not enough of it) and as a direct result the lack of profit, that is the actual problem.
 
watchlist Created with Sketch. Add WFL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.