I think some further food for thought is warranted when considering
Stone for re election..the AFT web site is a good place to start.
The Co.Home page states a brief Mission Statement as follows...
Ïnnovative solutions and high quality processes delivering better
outcomes for clients..""...note.. not shareholders
This is a mission statement for a privately operated Co.When I approached
AFT/Stone around 12mths ago to include a clause in regards to"" increasing
shareholder value"" as part of m/s..the Co./Stone refused.It is clear that
under Stone's watch shareholder value was not a prioity as evidenced in
his almost "" not for profit "" choice of business model etc.
Also, under ""News""...the Site has not been updated since Jan.2013..
If you visit the AES website under Business Activities..you will find that
the strategy for sales is largely a private approach to prospective clients
with a view to installation.There is no evidence of any wholesale ""momentum""
driven public advertising campaign targeting the market of choice.
Hence slow progress towards around 40 installations per year.
This, once again is typical of a privately operated company not a
Listed entity trying to create ""shareholder value""..
Enough for now..
Cheers
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- Ann: Notice of Annual General Meeting/Proxy Form-AFT.AX
I think some further food for thought is warranted when...
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