Ann: Vanadium Recovery Strategy Update, page-45

  1. 409 Posts.
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    Can’t we initiate this 2 strike rule, even for its first year?
    “The two-strikes rule was introduced in 2011. Under the rule, if shareholders vote down a company’s executive remuneration package two years in a row, the board may be voted out of office.”
    I had only just started buying NMT this time last year (so I was therefore much better off financially). :-(
    But it sounds as though they didn’t have this action against them last year.
    But I had shares in a company that was facing its second year of strike action. Frustratingly, they sold the company at a very low price (though touch wood I was OK - many other long term investors weren’t).
    Just a thought.
    Last edited by Wellconsidered: 30/10/23
 
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