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Ann: March Quarterly Activities Report, page-71

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  1. 368 Posts.
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    As the Board pays themselves handsomely and rotates money back into cheap shares and dilutes other shareholders, take a moment to admire the leading governance framework, and adherence to it including the excellent work of the Remuneration & Nominations Committee in administering its Charter. Spoiler alert, according to the Annual Report, no Rem & Noms Committee meetings were reported and the Remuneration Report in the Annual Report was signed by the Executive Chairman.

    Remuneration & Nominations Committee
    https://hotcopper.com.au/data/attachments/6126/6126922-8239934d9782fad504c5f15de964022e.jpg

    For more comedy, read:

    The Board Charter:
    https://hotcopper.com.au/data/attachments/6126/6126872-53cd35e091f6589ec8ef7062c0d16444.jpg



    The Audit & Risk Committee Charter (did a meeting even take place?)
    https://hotcopper.com.au/data/attachments/6126/6126921-2fbe6ad72c2e06940b9c267631742923.jpg


    The Disclosure & Communication Policy

    https://hotcopper.com.au/data/attachments/6126/6126896-42b0baea0646a534e18ee0e666364d56.jpg

    The Gender & Diversity Policy ... Board is all men.

    As shareholders consider this robust governance structure and resolutions to permit the Chair/CEO's investment vehicle (C2V) to get to >40% (just shy of >50% on another capital raising?), perhaps shareholders may also consider these useful online references.

    https://www.asx.com.au/about/contact-asx/report-misconduct/reporting-misconduct-to-asx-faqs

    https://asic.gov.au/complain


    Last edited by AmWatchingYou: 26/04/24
 
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