Thanks Mondy appreciated. I might briefly answer your below question
- Staff costs and admin/corporate costs to be reined in. As I said in an earlier post, I know CRO are still in a growth phase but the growth eventually has to show through, especially when the cash burn is increasing at a fairly rapid rate. I was surprised the most recent quarterly activities did not touch on why staff/admin/corporate costs blew out so much.
The simplest answer I could give you is the two acquisitions that took place. More staff more admin costs. I'm sure there would need to be some sort of an audit in future to see if keeping all the staff is sustainable.
just my opinion
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