Please, as reported in March qrtly (9 mths) they had ‘Admin/Corp Costs’ = 1,096,000 and that is on top of staff costs = 721k....the total being more than their R&D costs..,,,,for 97k in receipts.
Since you always get response from them, maybe you should ask them what the breakdown of their ‘Admin/Corp Costs’ are?
Yes, the fact is that they couldn’t tell only leaves me to believe their is allot of personal expense associated.
Thanks
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