ONT 0.26% $7.68 1300 smiles limited

very interesting reading @madamswer and @travelightor - i was...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 554 Posts.
    lightbulb Created with Sketch. 9
    very interesting reading @madamswer and @travelightor - i was intrigued by your findings and did some research too...
    here's a very far-fetched scenario/explanation after reading the last 2 years ARs (disclaimer: more for entertainment purposes and none can be proven)
    a GM called basil was hired start of FY15 (DH14), he was paid $200k p.a. and strangely was given a share loan of $600k @ 5.7% interest
    he was fired after falling out with management after 1 year in the role - in JH2015. the loan wasn't able to be retrieved and the costs were expensed as employment expenses.
    the secretary mr bass questioned this.. and was put in his place... he then resigned.. in protest (in DH15)
    the auditor PWC questioned this..and was replaced by a smaller local audit firm as a result (in DH15)
 
watchlist Created with Sketch. Add ONT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.