CKA 2.56% 8.0¢ cokal limited

Ann: Results of Meeting, page-6

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  1. 49 Posts.
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    Well when you look at the vote for the chairman's re election he got over twice the votes for Bulman and over 90% voted for him. So it looks like even those who voted for Bulman voted for the Chairman and then some considerable more. I would say that's a fair vote of confidence in the board and that despite the delays and holdups these guys have brought on a very difficult project on a very tight limited funds with diluting shareholders out the back door . What the vote also shows is that there is strong support for Bulman who can clearly add some value and I suspect listening to what the Chairman said at the meeting we may yet see Bulman achieve what we all voted for. Rather than see this as a either or I think adding Bulman to the Board and having him work with the Chairman who is the architect of all the corporate deals in this company would be a beneficial outcome to all shareholders.
    Hang in there Richard it looks like you have some good support on the board and if they can sort major shareholders we can all benefit.
 
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