100% agree with this comment. I suspect if the share price was 10c people would be much more vocal on this forum about the AGM voting. Yet the reason it had gone up to 20c hasn't actually had anything to do with the company making progress. I also agree AS doesn't exactly inspire hope or confidence as a leader or communicator and would be better served in a different role within the company. However i highly doubt he has the foresight to really grasp that he can step back into a different role in the company, still earn a very attractive salary and given how many shares he owns, he'll end up a much richer man. There's zero chance the board will ever actually make such a move.
People also seem to have a short memory. On this exact day a year ago the share price was 38c (and was over 60c a year before that) and yet AS and the new director want to be rewarded if the share price gets to 30c in the next 5 years and the board wants to allow this to happen.
Vote NO (except for the spill option). Short term pain for long term gain
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