HMI 0.00% 4.8¢ hiremii limited

Mngt stated that breakeven would be between $10m & $13m if they...

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    Mngt stated that breakeven would be between $10m & $13m if they didn't make any addiitional investment in the Platform.

    It's not just a labour hire business it's a recruitment & labour hire business. 9% margins don't apply to recruitment.

    The reason why key mngt don't have a higher stake is because they have been diluted by the CNs & IPO.

    Incremental overheads aside from investment in the Platform are mininal once new hires are made outlined in the prospectus to get to breakeven.
    Overhead run rates were significantly reduced just prior to IPO

    Of course the business depends in their Platform, that's the whole pount of tthe point of is the company to disrupt the industry!

    .
 
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