The carry on from Hopper at the end over voting down the options resolution was a little irresponsible, not what I’d expect of a balanced Chairman.
This is a results driven industry - the message should be loud and clear, no free rides. Deliver and you will be rewarded for doing so. Ironically those resolutions failed because independent shareholders (you and I) held the balance of power over the registry - had the Board owned more stock and held more weight over the registry, perhaps the result may have been closer. I guess not owning a shareholding of any real size has come back to bite them.
They can talk down the importance of the SP all they want, but at the end of the day - that is all that matters and how they will largely be judged.
SUD Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
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