Still very defensive and seemingly looking to pick a fight. I'm not. I'm simply raising my points, as is my right, on a forum that is specifically designed for it.
Anyway, my replies are below your written replies: "Actually if you attended the previous AGM you would have heard my concerns regarding ASX announcements raised and the answers given. Indeed everyone in attendance and who were on line heard them as well."
B: I must be missing the point here. Are we looking to gain credit for attending the AGM in person? But for clarity I also asked questions via the online platform. Unfortunately for me and others who may have heard the questions they were simply not answered. Must have been too hard I feel. I know several other shareholders that have had the same experience via the online platform at those events.
"This is how we all know the CEO, Chair and Boards interpretation of the Continuous Disclosure Rules.Unlike some who think asking the same question over and over will lead to a different answer my questions were asked in the presence actual shareholders and they answered."
B: I'm not sure that we all know this is the interpretation of the continuous disclosure rules FF. I think you'll find their understanding is quite fluid and at times disappointing. I've engaged with quite a number of boards over the years and have seen well handled communication and poor communication. What is evident here is the lack of willingness to change and to provide information via the well oiled ASX platform. I'm not after spruiking or anything that could be considered forecasting via this and so it would still fit with the ASX principles of not using their platform as a marketing platform. SImply looking for good old fashioned meat on the bone info that can give a clear cut view of where we stand.
"I also asked took up the issue at the retail shareholder meeting in Sydney last year again in he presence of real shareholders in greater depth with the CEO and Carrick. I reported that on another place and it was posted here.No secrets at my end I don’t even hide my profile here unlike yourself."B: I didn't realise that we all need to publish who we are! Somehow I am now in the "not a real shareholder" box. I also had one of those meetings. I was slightly underwhelmed that I needed to sit with the IR guy and the CEO. Gave me the impression that the CEO was not capable of handling shareholders on his own.
"These very important matters you feel necessary to post about were now as you make clear not significant enough in your mind to raise and hold the Board accountable over at the AGM in the presence of shareholders. For some reason you have only ever raised them privately with the CEO and Chair???"
B: refer to my above comment related to questions posed via the online platform that were not answered. You express the term "hold them accountable". I assume you mean via a public forum such as the AGM? I've endeavoured to try this is the past and it has failed. Going direct is my preferred method.
"At the 2024 AGM the CEO and Chair addressed questions regarding communication and said they had listened and were working to improve same. You say they have not done so yet it is about three weeks and we have had:"
B: you've introduced the timeline of just since the 2024 AGM. I'm more concerned with a longer timeframe where we have experienced inadequate IR. Whilst having a global head of IR employed!
1. A full recording of the AGM released. As expected 2. CEO presentation to Pitt Street Research. Rinse and repeat. Tired of hearing about what the CAGR will be for the edge market 3. Research report published on TENNs and polynomials. Wouldn't expect anything less given it relates to a new product launch 4. A press release regarding a new partnership in Europe. How does this affect revenue? 5. A Todd Vierra presentation of the Edge Box running voice and four cameras. Product support. Not IR 6. A This is Our Mission Podcast hosted by Sean Hehir CEO. Pointless and repetitve 7. A new White Paper published on the company website. Great for marketing to customers. Not IR
"All in the space of three weeks and still you say there has been no improvement." B: That's correct as per my comments above in relation to each of your points.
B: Where is a presentation?
B; Where is engagement with professional shareholders across Europe, Asia and North America?
B: Where is a wholesome 4C commentary?
"Perhaps had you shared your solutions at the AGM instead of on social media to a tiny percentage of shareholders you might have achieved your aim and we would have had seven communications in three weeks or would it need eight or nine to satisfy your concerns."
Bo you feel you have achieved a succesful outcome. As to your specific comment on "eight or nine" only one thing to say, Content, content, content!
"Notice I have not included in my list the Twitter and LinkedIn communications during this period from the Company." B: No I hadn't noticed but thanks for raising that point. What that means to me is it takes further time to find relevant information on the company rather than a central place that provides quality content in a format that is traditionally well accepted. refer above related to presentations and 4C commentary.
Say hello to Tony from me!
BRN Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held
o you feel you have achieved a succesful outcome. As to your specific comment on "eight or nine" only one thing to say, Content, content, content!
(20min delay)