Thank you... It's pretty sad when people can't handle an opinion/question other than TOOT TOOT to the moon and all that garbage. I don't hold shares and I have never held shares nor do I know anyone else who does or did. I did work in the energy industry though and spotted this as a good investment - but I'm not dipping my toe in until management stops taking money off the bottom line.
They are getting very large annual salaries ($175K) as another poster mentioned + they each own about 15% of all the shares. Doesn't sound like they are giving anything away for "free".
*Read Full Year Statutory Accounts and December 2016 Half Year Accounts*
Share based payments for the HY ending 31 December 2016: -$6,795,865
Total comprehensive loss for the half year -$8,233,096
Share based payments for the year ending 31 June 2016: -$6,535,990
Total comprehensive loss for the year -$8,613,937
And you expect the company to show a profit June 2017?
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Holders refuse to sell - well done, page-27
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Open | High | Low | Value | Volume |
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2 | 398413 | 0.120 |
2 | 484782 | 0.115 |
4 | 693732 | 0.110 |
1 | 50000 | 0.086 |
Price($) | Vol. | No. |
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0.135 | 259243 | 3 |
0.140 | 470000 | 3 |
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