Hi @Eqz Great analysis.
I was reviewing the March Quarterly report 2020, and also found the following statement, Appendix 4c on page 9,
"Related parties of CEO,Subhash Challa, have executed an arms-length loan arrangement in the sum of A$500k, of which ~$400K is currently drawn down". Adding the $80K, you pointed out, that is over $480K cash put back into the company. Not sure how the personal taxation works but that looks like all the salary taken is circled back to support the company and vision.
Also, I did not understand your comment "Subhas is T3". What is T3?
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