PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: Results of Meeting, page-12

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  1. 2,598 Posts.
    lightbulb Created with Sketch. 2653
    With all due respects to your brilliant math (as if it was not obvious already) you need to take into account that LF actually legitimately owns the shares he voted with. He has a right to vote however he wishes. That is the nature of the corporate beast. Ditto for those who chose not to vote for whatever reason, and for those who chose to abstain from voting. What you are really saying is you did not get your way, and because you did not like it, that cannot be fair. That is not an unusual attitude today.

    My rationale here is that many SH believe that the co still has a fair chance at success if and only if the current board and management put in the effort to make it work. Vengefulness will help nobody rebuild the company from the sad state it has ended up in. I for one am willing to give the board a chance to show their stuff - and yes, before you ask, I have lost a lot of cash so far, and I am not happy about it. I just don't think it is going to be helpful to me or to anyone else to take my irritation out on the very people who are determined to dig us all out of the hole that the crooks (including ZZ) have thrown us into. You are all perfectly entitled to your point of view and to your sentiment and to vote however you wish, but so am I.
    Last edited by BobF: 28/05/22
 
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