Now I am completely and absolutely confused.
So the Richardson's voted down the resolution on unmarketable parcels buyback yet the Chair has promised on numerous occasions that she will implement an unmarketable parcel buyback scheme ASAP.
They have now created a dilemma of their own making. How can the Chair implement her long promised unmarketable parcel buyback scheme now that a majority off shareholders have voted against it without going back to shareholders in general meeting to get their consent. The shareholders have expressed their view and good governance says the Board as agent of the shareholders must implement their directive, that is no unmarketable parcel buyback scheme.
Oh dear Lynn the messes you create.
DYOR
IMO
Clare
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