Ann: Notice of Meeting, Performance Rights Plan and rights issue-FAR.AX, page-71

  1. pj
    2,090 Posts.
    Well, quite apart from the fact that to a large extent "performance" will live or die on the drill bit over which they have little or no control, and they already have freebie options to cover themselves over that, I don't think I can vote "Yes" when they can't even issue an annual report that doesn't require amendment and despite that warning follow it up with the release of an ambiguous Notice of Meeting title, they can't even get that right.

    I am astounded that under those circumstances they feel that what they have is not already enough and are asking for more.

    On second thoughts maybe they are saying that they need more money before we can expect them to do such mundane things as vet report releases - or if they do vet them, surely they can't be expected do it properly on their existing salaries and incentives. I'm beginning to be embarrassed to be a shareholder, two ASX release in a row requiring correction, what are they doing.

    pj
 
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