Thanks to the guys who noted down some key parts of the meeting which helps everyone.
it is most clear the board has rcvd a strong message from disgruntled shareholders and essentially the first 45 mins were spent with a mixture of defending the rem in detail, addressing the share price disappointment (mr Milne saying a US equivalent of netcomm would be valued at 2x revenue (400m). The need for more and detailed comms was also addressed and a healthy discussion and questioning took place eventually.
I will continue to take a long term approach with ntc but also keep them accountable, a resounding display of 16m votes against rem caused some stern faces.
Im glad shareholders pulled no punches today I had to chuckle a few times at the qs, the arrogance or nonchalant behaviour some ppl discussed as being present in the board in previous agms was no-where to be seen.
Lastly I believe we are close to some sort of breathrough in the UK with BT, G fast to help revenue later in fy19, and some sort of 5g product released within 6 months.
- Forums
- ASX - By Stock
- NTC
- Ann: NTC AGM 2018 Presentation & C'man / CEO Address
Ann: NTC AGM 2018 Presentation & C'man / CEO Address, page-5
-
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NTC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online