I have now amended my vote for next weeks EGM....
Resolution 1. FOR ... No option, if this doesn't pass it's goodbye SPA.
Resolution 2. AGAINST ... With price now offering recipients 100% profit I can't see any benefit to existing shareholders.
Resolution 3. AGAINST ... Incentive plan was never good for the shareholders in the first place and its use here only ratifies shareholder approval, of which I do not. Also now with SP is up why pay with half price shares, cash payment would be better for all but directors.
This is not to be a recommendation on how to vote, each shareholder should vote how they wish. I do hope it encourage shareholders to think before they vote and more importantly to vote in the first place.
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