You would like to believe so, but don't forget that this year at...

You would like to believe so, but don't forget that this year at the AGM you will be asked to vote for resolution #4 whereby you will be voting for a "Board Spill Resolution".

If the Board will receive another knock in the head to their remuneration resolution by the shareholders, (Strike #2), the Board is then obliged to get people to vote for a spill motion whereby, if passed, the Board will then have to vacate their seats and set a date for another AGM/EGM for the purpose of re-electing a completely new Board.

As such, and in the meantime, they will vacate their position and wait until the result of that meeting are official, and find out if they will be re-elected, or someone else will take their place.

And it is always better to get every shareholder to vote on that Spill Resolution by using their proxy votes where they can take full advantage of the donkey vote, than having just the people present at the meeting doing it for them and where it would be a lot easier for them to vote to get rid of the Board. (Protecting their own backside they call it).

As such, take it from me that the first thing they have in their mind at present, is to save their skin, (not a Xmas gift for the long term suffering shareholders) and it might be that they want to increase their chances of staying/remaining in that Boardroom as long as possible by giving us a few cents in return to make us happy.

In closing my friend, rest assured that no Directors are wanting to get a no confidence motion marked against their names and resume (for any future references) by getting voted out from their position by some very unhappy shareholders.

It wouldn't look very good would it.!!!!!

So IMHO forget about that Xmas present. IMHO it is their own skin that worries them at this point in time.

Dyor!!