LIO
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4.55% 2.1¢ lion energy limited

Sales Revenue: 1,791,239Cost of sales: (903,288)Administration...

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  1. Trees
    33,305 Posts.
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    08/10/11
    10:18
    Post #: 9115296
    Sales Revenue: 1,791,239
    Cost of sales: (903,288)
    Administration expenses :(2,065,037)

    PROFIT/(LOSS) BEFORE INCOME TAX EXPENSE: (741,048)

    So what did they bring to the table re SH value

    Nothing at all. So to me it seems the director are doing not much excpet sitting on the back of the Serum block output.

    So why the high admin fees, higher than revenue and cost of production.

    I did not bother posting the pay to the directors, not worth the effort. toooo not cool

    LIO Price at posting: 2.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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