UNL is planing to reduce administration and corporate costs in...

UNL is planing to reduce administration and corporate costs in 2019. In yearly report they annaunced:
- Salaries and wages savings of $500000 have been implemented for the 2019 financial year.
- The company implemented overhead reductions in excess of $1.2mil in the last two quarters of the year 2018, with further reductions implemented to management costs and rent in July and August of 2018 resulting in total overhead reduction of over $1.5mil.

With these savings and increasing revenue (revenue increase 2018 Q3 vs Q4 was +$400000 ) I am expecting cash flow positive September quarterly report for UNL.