Ann: Notice of Annual General Meeting/Proxy Form, page-187

I am no longer posting on this issue or any others as I have moved to sell but in defence of FHC and his position I would point out that last year we willingly approved at the AGM the following in addition to the very competitive fixed remuneration-

Equity settled options
Euan Crouch $71,756
Geoff Cumming $35,380
Glenda McLoughlin $50,543
Katherine Woodthorpe $50,543
Christopher Parker $35,380
David Redford $ 415,360
Total $647,335.

I think that rather than future prospects, have we got the magic ingredients, lots of promise and effort etc is why giving more under priced options does not make any sense and perpetuates a culture of non accountability and non performance. It would seem many shareholders are happy with the status quo , I wish you success but this is not the sort of company I choose to continue to support. I have previously supported all CR events but not the last one and I can no longer support the Board and Management with this type of culture .
Good Luck and Goodbye