KCN 0.98% $1.55 kingsgate consolidated limited.

http://www.aspecthuntley.com.au/docserver/01940047.pdf?fileid=019...

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  1. 11,126 Posts.
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    http://www.aspecthuntley.com.au/doc...Jyb3JwYWdlcy9wZGZkZWxheWVkLmpzcA==&popup=true

    Very interesting outcome.

    MTR defeated.

    But Chairman came close to losing his position - and that might have been a good thing.

    MTR were well outvoted in failing to get their nominee directors on the board.

    I guess the Chairman now knows he is pretty close to the end at KCN having long ago reached his use by date.  I hope he understands that and works towards Board renewal.

    Shareholders done good telling MTR they are not wanted but signalling the need for Board change.

    Happydays all round.

    loki
 
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