I see one of the proposed directors is Swann of CEO "fame". Re-reading the 2007 Annual Report I see he only held 20,000 shares. It should have rung warning bells with me but I'm afraid it didn't. Any future shares I buy I want the CEO and CFO to have a stash of their own money tied up in the company rather than sit back and wait for options to fall in their lap.
No choice but to laugh on re - reading the Corporate Governance Statement in the Report where the following boxes were ticked:
Structure the Board to add value
Respect the rights of shareholders
Recognise and manage risk
Recognise the legimate interests of shareholders
Would be interesting to know if the ASX has ever taken action where its clear the above has subsequently been incorrect.
Cuzo,
Cannot see if you have a preference for proxies through you or to the Chairman? As I have mentioned previously no way are the b*******s getting my vote
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