well said Molly
I had a fair few rebuttals to make in a post but I see Stephen has done another mailout and covered some of what I was going to say
I will say ( I think I said it last year ) that the long term incentive plan was too generous.
The board say they will take a measured and methodical approach but that is not fast or proactive enough in the fast paced dining market.
I would say some of board and management should take a lot of blame for the prospectus being loaded up with unrealistic targets
They say the remuneration report had support of 97% - well lets say Kevin Rudd had very strong support at early stages of his career!
"Get refreshed" has about as much impact as hitting someone with a 5 day old lettuce leaf!
Imagine where the share price would be if we could cut admin costs and get rid of loss making ( and getting worse ) sizzler
CKF Price at posting:
$2.29 Sentiment: Hold Disclosure: Held
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