Sorry, but $325k isn’t particularly generous. Probably par. And peanuts compared to what he could earn elsewhere - have you looked at his resume at all? Plus there’s a more than tidy list of achievements in the last quarterly. Grant has literally breathed life into a company that was heading for tits up. (Noting Grant can potentially earn a lot more if he meets performance hurdles.) Yes, we need to conserve cash but no point having money in the bank and second rate management.
TVN Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held
