Let me get this straight as well. According to FGF April Quarterly, 'FGF is a diversified investment company' that evidently invests in a broad range of asset classes.
April quarter:
Staff costs were $120k
Admin and corporate costs $260k
Cash at approx. $3m as at end of April quarter with predicted June quarter outgoing if around $300k.
My question is this, with annual exec salary and corporate/admin costs of approx. $1.4m a year, what 'value are these board and directors creating for shareholders' of their 'diversified company?'
Let me get this straight as well. According to FGF April...
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