The complaining comments today are like clockwork every time a coy releases salary numbers, it happens on virtually every stock, but in particular penny stocks like ASN. That's because it is significantly more than the vast majority of people earn - less than 1% of Australians earn $300k+. It used to annoy me that penny stock execs with next to no employees, no product, no revenue, felt justified in renumerating themselves so favourably, but Ive come to accept that it is standard play in this space.
It's in line with industry norms, I'm not gonna get bothered by it. Tim secured a solid binding agreement with LG. I hope that this first step will be followed by many more comparable and bigger steps in the near and medium term, culminating in first commercial scale production in less than 3 years.
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