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Well, well, well.Resolution 11 was carried so the Sword of...

  1. BottleShock
    2,356 Posts.
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    30/11/20
    19:57
    Post #: 49247997
    Well, well, well.

    Resolution 11 was carried so the Sword of Damocles is now in play. A classic "be careful for what you wish for..."

    The voting on some of the other resolutions is very interesting. The acceptance of the Remuneration Report only just got over the line. 48.81% of shares were voted against it. A very close call for the Company. That is a very powerful message being delivered to PO. Strike one.

    The incentive options to Everist and Edwards were only passed after a measly 859K of discretionary votes were tipped in their favour. 37.5% of votes were also cast against the two of them participating in the option issue. That is a very powerful message to those two.

    So in my opinion, PO and the Board have been given a pretty direct message to pull their fingers out and start delivering on all the hyperbole.


    NOR Price at posting: 2.6¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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