If directors Harrison and Dalton are paying themselves in full, which I doubt, they are taking home $50,000 AUD per year each; Chair Clarke, $70,000 per year (page 13 of the AR) The real action for them will be performance-based via the Altor options and convertible notes. For this, the company achieved more in the last 6 months than the previous board had managedin the 3 years prior. From page 4 of the recent half yearly report:https://www.asx.com.au/asxpdf/20200228/pdf/44flwhd34vlwqp.pdf How many penny stocks can ‘Mcnasty1’ name that are currently launching a suite of critical fintech services in partnership with a central bank that is truly in the vanguard of payments technologies ? How many of those stocks have a fully diluted post-raise enterprise value of less than $9m AUD ? How many of those have a CEO who is the former COO of listed peer EML (enterprise value $747m AUD) ? Who also expects to be remunerated largely via performance-based options ?
CCA Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
