@Kruiser you're disclosure is held, yet you don't seem to...

@Kruiser you're disclosure is held, yet you don't seem to understand what the company does. Why would their staff remuneration be "performance based like the rest of the real estate industry". Are they not a tech company operating the the RE industry? Their staff will be dev's, BDM's and marketing + exec. It's not the local real estate agent with salesmen generating their sales, the customer acquisition engine (being marketing, and quality of their product/s) should do that for them.

If people costs are retained at current rates and marketing spend steps up, they will need to show some serious results within 6 months, otherwise I suspect the result won't be pretty for shareholders.