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Ann: Results of 2016 AGM-OBJ.AX, page-12

  1. 360 Posts.
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    Pleasing to see management (indirectly) acknowledge their error, I don't believe they had fully thought the decision through and it was probably a hasty/rushed decision as well. It will make them think twice in future about upsetting the shareholders.

    This would have diffused the majority of the tensions leading into the AGM and allowed everybody to focus on business.

    Also pleasing to see revenue explicitly mentioned a couple of times, it felt like a HotCopper shareholder wrote those lines.. it was great to see management take shareholder feedback/complaints on board and rectify it.. P&G have probably given the all clear to state those loose revenue time-frames so that is another plus and hopefully they will see that it's not the end of the world to allow OBJ provide timelines and there can be gradually increasing transparency moving forward..
 
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