Lets hope common sense prevails, I would like to think resolutions 1 and 3 could be possibly negotiated out if management enter a proper discourse with the share holders(all imo), but unfortunately there is a major divide between shareholders and management at the moment. Not just Hot copper but even personal friends that I have spoken to, behind every top 40 holder there are many more smaller individual holders that have been told the WKT story and are invested, to a man they all want this.
If management are in full support of proper governance what is the problem with Mike Elliot who is not even asking for a wage? Is it proper of them to say now that these mechanisms are now being implemented after shareholders have raised these concerns.
I personally think management have done a great job and can't believe we are in this situation but I do want better corporate governance, it is a number one priority now.
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