I withdraw no comments and whilst flattered, I suppose, by your...

I withdraw no comments and whilst flattered, I suppose, by your multiple detailed replies, the condescension is cute. I am extremely comfortable with my research and level of understanding, both micro and macro. Every investor should be so with their individual holdings, so you are welcome to your own opinions and to the manner in which you arrived at them.

To your over-arching criticism of my posts: I...am...moving...house, therefore am extremely pressed for time and also brain cells. Consequently, I will limit my reply to your insulting, more importantly incorrect, paragraph regarding our independent directors. You asserted:

Your comments regarding independence of Board directors are self-contradictory. It would be embarrassing for me to step you through it but I suggest you withdraw you claims, especially regarding Mark Rodda. It would be important for everyone reading to know how governance standards define the tests for independence of Board directors… and then contrast those public standards with your claims.

If this is truly your opinion, you need to contact our management. My understanding is based on the information provided in our "Notice of Annual General Meeting" announcement dated 23 October 2024. In the table in Section 4.1 on page 6, we find the following information under Independence:

If re-elected, the Board considers that Ms Thomas will be anindependent Director.

In Section 4.2, we are further informed:

Technical information required by Listing Rule 14.1A
If this Resolution is passed, Ms Thomas will be re-elected to the Board as an independent Director.

If this Resolution is not passed, Ms Thomas will not continue in their role as an independent Director.


Additionally, the following is found on page 10 of last year's meeting notice, dated 23 October 2023:

3.3 Independence
If re-elected the Board considers Mark Rodda will be an independent Director.

3.4 Technical information required by Listing Rule 14.1A
If Resolution 2 is passed, Mark Rodda will be re-elected to the Board as an independent Director.

In the event that Resolution 2 is not passed, Mark Rodda will not join the Board as an independent Director. The Company may seek nominations or otherwise identify suitably qualified candidates to join the Company. As an additional consequence, this may detract from the Board and Company’s ability to execute on its strategic vision.

Over and out.