Well lets hope that occurs.
But remember, he did say at the March meeting he was only speaking for himself and not on behalf of the other board members.
But corporate convention normally requires the board to resign when a vote they recommend is rejected by shareholders. It is seen as a vote of no confidence in the board.
The point I was making re NO plan B, is that Cottee is fixated on the YES vote. A board focused on teh shareholders would have had a defence plan in place and would be looking to the future to enhance shareholder value. NOT a simple NO plan B.
The board has to go and as soon as the no vote gets up in my opinion.
CB
Ann: SCHEME BOOKLET & INDEPENDENT EXPERT'S REPORT, page-9
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