Reiner,
What you say is true that the boards job encompasses that and a whole lot more, but reality regarding voter apathy means that they would have only needed to count 25% of outstanding shares/votes against them to realise they had lost.
While we are asking questions, heres one for you all.
Why did the board say that the RMS deal was subject to shareholder approval? Did they have to because of ASX rules, or could they have just signed the deal over the company table?Its only for $4 million not all the company assets.
If so, why did they give shareholders a choice? Food for though I think.
board changes, page-19
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