another nice announcement from destra, page-21

Well its good to see the DES thread this active again.

To add some interest heres the bucket of expenses for the half year to DEC, add the 000 to the figures in brackets.

Might be substantial savings in the $11m employee expenses
2.8m in offices and 2 million in other.

Sort of gives one an idea of potential savings that might be possible. I know revenue degradation is also in play, but if that is comming from low magin activities the pendulum swings in the right direction.

Accounting, audit, legal & public company costs (846)
Advertising expenses (3,708)
Borrowing costs expense (1,858)
Cost of sales (39,654)
Depreciation and amortisation expenses (1,451)
Doubtful debts provision (368)
Employment expenses (10,974)
Office expenses (2,829)
Other expenses (1,988)

Oscar