I have already posted my online AGM voting.
They asked 4 questions & I voted against numbers 1, 2 & 3.
That is NO to the renumeration. This should be based on performance. With the SP at below 1 cent (what performance?).
And NO to the reelection of the Director that has never made any statement to Shareholders & has never purchased any ordinary shares.
And NO to allowing the company to raise funds by issuing another 10% of our capital. I think they should seek a joint partner. (one that is more interested in our Company than what the current board is).
Number 4 was about progressing with the current plan (whatever that is). I voted yes for what it is worth. In the hope that they lift their game in the future.
Cheers.
LNR Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
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