I think the stand out in the 4C is that payments to related parties is zero. Directors do not receive any cash director fees.
There wouldn’t be many 4C released that state that.
I don’t think you can fault the current management for what they are trying to do. No director fees have been paid since end of 2021.
There are a lot of ASX company directors with their snouts in the trough quarter after quarter milking the company and shareholders.
I thank management for having skin in the game and doing the right thing.
Hopefully their perseverance comes through against the adversity faced and there is reward for all in the near future.
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