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Cheers Parsifal & Cracker, krusty was spot on in his post...

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Zandra

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24/07/17

12:27

Post #: 26040405
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Originally posted by Parsifal ↑

No. Dirk is not on the Board so he doesn't really get a say unless they decide to ask him what he thinks.

At present they are looking for an Australian Board member. The way that works is usually that they either pluck someone they know or they conduct a search - usually through an agent of some sort.

Whoever is nominated and selected by the Board must however be subject to a vote at the next AGM. In other words it is ultimately the company - through shareholders - who can have a say.

Does that mean anything - well it would if shareholders then did their own due diligence and exercised their votes with full knowledge but in practice board votes and lazy shareholders mean ........ we live with it

But maybe Diane Smith Gandar, who is apparently looking for someone, will live up to her reputation of being tough, demanding and direct.

Her own comment in an interview with the Fin Review in 2014

“I have always been a direct person," she tells Boss. “Sometimes I feel like I’m stating the blindingly obvious, but it does help to put things out on the table and then allow people to resolve them."

She is well enough connected so maybe we will see an outstanding appointment of someone who is known for their capability, intelligence and integrity as well as having valuable industry credentials - not just experience as a director (no guarantee of anything other than being known) or working at a senior/executive level in an ASX company (whatever that might mean).

When you become involved in a company your own reputation is immediately linked to those for whom you act. It's a branding thing.

Parsifal.

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Cheers Parsifal & Cracker, krusty was spot on in his post stating, how well served we are on the AJX threads, with knowledgeable SH who are willing to share....thanks guys.

AJX Price at posting: 54.0¢ Sentiment: Hold Disclosure: Held
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Cheers Parsifal & Cracker, krusty was spot on in his post...

The winners & losers on market if negative gearing were gone

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACCC seeks Olam divestments before it can buy Namoi Cotton

KalGold rolls out detailed aeromagnetic survey across Pinjin project

The market's shrugged at China's stimulus measures all year. Why is this one different?

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

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Buyers (Bids)

Sellers (Offers)

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Cheers Parsifal & Cracker, krusty was spot on in his post...

Top Stories

The winners & losers on market if negative gearing were gone

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACCC seeks Olam divestments before it can buy Namoi Cotton

KalGold rolls out detailed aeromagnetic survey across Pinjin project

The market's shrugged at China's stimulus measures all year. Why is this one different?

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News