SDV 1.27% 59.8¢ scidev ltd

put your job on the line mr wood : perform or

  1. 103 Posts.
    Put your job on the line Mr Wood : perform or walk the plank

    It is time for shareholders to see some tangible returns for your fat pay increases in the past (the year before the last that was >50%).

    Turn this company around of ship out.
    No more talk-fest – shareholders want real tangible action with a positive impact on the bottom line.

    ……….says Philip Wood, its Managing Director and CEO.
    “ So now we have every opportunity to really prove what Intec can do.”

    “every opportunity”
    “….prove what Intec can do”

    Well you said it Mr Wood and in time to come shareholders will remind you of what you said.

    Get on with it and don’t make another stuff-up in the process.
    You have presided over a significant destruction of INL shareholder wealth.
    You have driven the share price of INL shares to the ground so soon after digging into shareholders pockets with another dilution issue.

    Be a man – put your money where your mouth is.
    Put your job on the line.
    If this turns out to become ‘an elephant in the room’ venture, you will quit without any Golden INL shareholder funded parachute.

    Right Mr Wood?
    Be a real man and make a public statement to that effect – now.

    Let us review your performance on 1 July 2009. That is 2/3 of the way into your current service agreement. By then you will have clocked up 16 years as a director of this company with half of those years as CEO. You had your opportunity to make this a success, but……………….

    Pay-up time has arrived.
    Get those low-ball director options in the money or walk the plank.

 
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59.8¢
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