The salaries of management are extremely high and deserve. Criticism. Cutting the workforce by 75% is just silly.
Their are 2 stories here though.
One is the company growth and the other is the Share Price and unfortunately sometimes the SP doesn’t always match up with growth of the company. In fact sometimes it’s the opposite but we obviously don’t complain then lol
Honestly look at what the company has achieved in the last 2 years alone. Yeah they’ve spent a lot of coin to do that but a little Aussie startup has convinced major medical centres and companies to do give their new product a go.
You think that’s easy? You think it’s just a matter of walking into the hospital and givng them a brochure? You think trying to get into the VA is easy? A dept that by all reports has always been lacking in innovation and proper care forever as well as trump cutting budgets AF says the costs have reached their peak and promised a few things in the webinar. If by October the SP is still below 50c and costs haven’t come down I’ll be the first on here calling layoffs.
In the meantime I have to look at the red figure and try not to get frustrated lol
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