AEE 2.94% 16.5¢ aura energy limited

Ann: s. 249D Requisition and EGM, page-34

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  1. 1,418 Posts.
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    Unfortunately it was allowed to go on for too long, and largely because the previous controlling interests didn't take action when they should have.
    Voter apathy and the challenges in consolidating a position based on common ground with retail shareholders was something the board could use to remain on the gravy train.

    Fortunately we now appear to have a great majority of shareholding all looking to move in the same direction.

    In the world I live in the failure to achieve sales and profit targets results in zero bonus at the end of the year. It's time for this reality to also apply to the board of Aura.

    When times call for financial prudency, the leadership of a company should be steering the ship to that outcome, not fighting common sense to frustrate that outcome.

    Last edited by Zubana: 02/03/20
 
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