AEB 0.00% 0.9¢ affinity energy and health limited

AEB this quarter paid their staff and consultants $1.82 million,...

  1. 30 Posts.
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    AEB this quarter paid their staff and consultants $1.82 million, over 3.5 times what MXC paid at $0.52.... about 2 times what AC8, CAN and CPH paid......over 10 times what ZLD paid at $0.177......over 20 times what CP1 paid..... Why so much? I could understand it if AEB were making money but they will need to make about 8 million per year just to meet staff and consultants fees/wages. AEB has 1.3m cash left with $0.005 income last quarter. So about 7 weeks at the rate AEB are going left till cash is NIL. Capital raising appears needed within weeks, price will drop if capital raising is needed again. Highly paid AEB are doing well even if the share price is not.
 
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Currently unlisted public company.

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