what obj does, page-90

Concerning the road show to which most of us long term holders were not invited, I wrote to Glyn:

"I have also been hearing very interesting things about recent road show of the company that toured the east coast capital cities - in particular, the fact that there were demonstrations of the new devices that are anticipated to be launched. I was a bit disappointed I didn't get an invite as a long-term holder. How often are these road shows conducted? I'm aware that there have now been at least 2 in the last 3 years conducted by the company that in Melbourne, where I live. I would have attended both if I'd received an invitation given what I have heard about them and know about the company.  I appreciate that I am not an institutional investor. Nevertheless, as a long term holder, I would have hoped that I would have a better opportunity to attend such events, especially given the AGM is held only once a year in Perth which is very inconvenient to attend from my perspective.  Can I be invited to the next one in Melbourne please?"


And his reply:

"Yes we are very mindful of that and the long term shareholders and I am continually asked this question from a number of shareholders.

But as we grow as a company, we must get the Institutional support AND broker support for the stock. So the Roadshows we do every six months are primarily directed at Institutions and brokers, the latter when we do lunches in Melbourne and Sydney.

We have been thinking about a general shareholder briefing and we will see what can be arranged going forward but you also need to remember that Jeff is forever in airplanes travelling overseas and time management is an issue.

We will see what we can do but I realistically think that the annual general meeting is where shareholders will generally have the opportunity to answer questions and we do put on the web site any presentations that are made. Even at the Broker's lunches, there is limited time for Q&A from the floor."



I'm not holding out hope for an invite