88E 33.3% 0.4¢ 88 energy limited

I would love to know where you area getting your figures...

  1. 617 Posts.
    lightbulb Created with Sketch. 68
    I would love to know where you area getting your figures from?
    You were ranting about the fact that they spend 7 million a year on wages?
    https://hotcopper.com.au/data/attachments/5588/5588701-49d847bef7c6cea805f9ea99b15b1fab.jpg

    As you can see from the last annual report, they spent $2.3M in salary. The half-yearly report had salary expenses to date as $1.3M, so round that up to $3M, which is significantly below the $6M and $7M you have been throwing around.

    I would love to see where you are pulling the $500K+ a month from, as it is substantially higher than reported and should not be stated as fact without some supporting information. 88E has had its issues, and I understand why some people may be unhappy with their investments, but lying about things will only make matters worse for some people. If taken as truth, it could lead people to sell based on misleading information.

 
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