PYG 0.00% 50.0¢ paygroup limited

Ann: Appendix 4C - quarterly, page-5

  1. 76 Posts.
    lightbulb Created with Sketch. 5
    Just recently heard about the company through livewire and did a quick browse of their some investment research against the recent half-year accounts and prior year full year accounts.

    How did they manage to pay a $750,000 dividend when they made a loss? Why did they also pay $250k dividend to founding shareholders?

    Is the related transactions with KMP not a red flag?
    Company is leasing property from the CEO, the CEO provided a $500k loan to the company on 6.X% and the complexity of the holding Paygroup company acquiring the subsidiary of Payasia that the CEO and his wife are shareholders in..?
 
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