The first strike on the renumeration report resolution may keep the directors snouts out of the trough and foster a better outcome for the share price.
The directors would be unwise to give themselves cheap shares as they did in the past 12 months by driving the SP down with dilutive raises that the participated in.
So at the next AGM in November 2024 if the renumeration report gets 25% AGAINST all of the board must go to election three months after.
Add to My Watchlist
What is My Watchlist?