Ann: Scheme Meeting and General Meeting - Chairman's address, page-4

How can we declare in one breath, new incentive payments to the tune of $550k to MD alone. Plus the conversion of out of the money performance shares be converted. And give the directors an opportunity to vote with their holdings??

There is a very clear conflict of interest here!

I'm sure the scheme would get up anyway, but this is clearly not kosher.

The boards recommendations to us clearly have very significant personal incentive to make a biased recommendation in favour of the scheme.

ASIC - Prove to me that this is in the spirit of fiduciary duty to shareholders??

What a joke!