Hi Keeninvestment. I enjoy reading all the posts on Hot Copper relative to a stock whether they be positive or negative but I particularly enjoy the sharing of information and research which a lot of posters do. I have a bit of a decision making process which I thought I might share and invite some comment on. If there is an issue being debated I ask myself a series of questions - Question 1 - does it affect me - Answer Yes - go to question 2 - Answer No - forget about it Question 2 - Can I do something about it - Answer Yes - go to question 3 - Answer No - forget about it Question 3 - Am I prepared to take action - Answer - Yes - Go to question 4 - Answer No - Forget about it Question 4 - What action can I take - Answer - Review all options and decide if I can achieve an outcome. In applying this strategy to the salaries and bonuses of staff or the composition of the AVR Board I have determined that I do not have the experience or resources to lead an overthrow of the Board and the best I can do is vote against the remuneration report. I have done that on a previous occasion but as a minor retail shareholder it does seem like a waste of time. For that reason I don't generally comment on management decisions or salaries or bonuses or Board members (although I did suggest that Dr. Gu's area of expertise may not be in structural heart issues). To put my current view on AVR I believe that the company has been substantially de-risked and as a long investor I am happy to stay with it for a future reward.
AVR Price at posting:
$10.18 Sentiment: Buy Disclosure: Held
(20min delay)