Half year accounts ? Consolidated half year accounts. !!!!!
Management fees $252,000 Sounds cheap BUT
Employee benefits expense $3,004,835 (three quarters of the total expenditure)
Consultants $ 332,233
Travel and Accom $ 291,674
"Other" expenses $1,322,169 ( Does not include Raw materials and consumables or research expenditure)
I doubt the auditor of any company that I am or have been associated with would sign off on these without a lot of explanation of the details.
I may ask ASIC to explain them to me. Anyone here have any comment.?
The ASX says "not price sensitive"
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