Here are some possible answers: 1. Why are meetings held in Sydney, when head office is in Melbourne. Less costs would be incurred as no travel and accommodation. ANSWER: fewer "awkward questions" from shareholders. Surprising that the AGM is not in Knightsbridge or Mayfair
2. Consultancy Fees. ANSWER: someone's gotta look after the consultants
3. Travel and accom. In this day and age with the technology available in most cases is unnecessary. ANSWER: yeah, but those private suites in First Class are hard to beat and what's not to like about London?
4. Drop in share price. ANSWER: tough market + death spiral
5. Losing products. ANSWER: what products?
6. Milestones going by. ANSWER: too busy in London.
CGP Price at posting:
5.0¢ Sentiment: None Disclosure: Not Held