The CEO's $495,000 salary is deeply concerning given the company’s market cap of just AUD $21.99 million, representing an outsized proportion of shareholder value compared to industry norms for small-cap companies. This high compensation coincides with declining cash reserves (down to $3.7M), tight liquidity (working capital fell to $2.7M), and a recent $240,000 capital raise that suggests financial strain. The misalignment between CEO pay and the company's constrained financial position raises significant governance red flags, particularly when free cash flow for FY24 was only $0.5M - nearly matching the CEO's salary.
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Last
7.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.25M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 42296 | 7.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 8153 | 1 |
View Market Depth
| Last trade - 11.00am 30/07/2025 (20 minute delay) ? |
| ODA (ASX) Chart |
Day chart unavailable