If directors are not prepared to address the "elephant in the room" about:
1. excessive CEO and COO remuneration;
2. confirming existing CEO and COO loans will be repaid in cash asap; and
3. response to the company's unsatisfactory remuneration strategy (refer to the last two AGMs with over 25% of shareholders voting against the report).
Why vote for the delisting when that requirement for mandated remuneration transparency will disappear?
I've already voted no to the delisting - if for no other reason than directors are not being transparent now.
How will this look as an unlisted public company? Scary stuff.
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