Yeah agreed, I think if all it does is not give too much rope, it's a good thing for everyone.
We need to see the retained board deliver on all their commitments to shareholders (screenshot below).
While they were successful at the EGM, I think that was also partly a reflection of the opposing party not articulating anything of real substance rather than unwavering support for the existing board. Their actions in the next periods will reflect how long the support they have been given stays.
You might even say some of these initiatives only came about, or were accelerated, as a result of the requisitioners kicking up the dust too. I hope this speeds up the process of divestments and streamlining than we may have otherwise had.
SEQ Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held
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