This bit amounts to $400k per annum. I'd like to see some more detail of exactly what these services entail and how they have been assessed to add materially to the bottom line. Pro-rata $400k p/a is a very large amount for a company of this size........
"NOTE 16 – RELATED PARTY DISCLOSURES Transactions with Key Management Personnel The Company’s Chairman, Mr S McLean, has provided additional services to the Group during the period. Mr McLean was a key resource for FinClear Execution Limited which was engaged to provide corporate finance advisory services for four months from 1 May 2017 at $25,000 per month. From 1 October 2017 to 28 February 2018, Mr McLean was engaged through an associated company, 145 Fleet Pty Ltd, to provide corporate development advisory services at a rate of $8,333 per month."
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This bit amounts to $400k per annum. I'd like to see some more...
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