ADO 4.76% 2.2¢ anteotech ltd

I put my support behind Geoff due to many reasons, mostly...

  1. 5,184 Posts.
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    I put my support behind Geoff due to many reasons, mostly loyalty, experience, commitment for a long time and financial exposure.
    I hold him personally responsible for building up a top scientific team in Brisbane to place us at high peer value within the industry.
    Set backs in commercialisation were not within his realm of influence, see POC1 discontinued product and
    Cook preference for an alternative which had a faster route to product launch.
    These developments are unfortunate, but by no means a reflection of bad governance.
    The Diasource deal is another issue and here some consequences for BOD are still to be solved in the medium term, IMO, particularly shorting and loan actions, which have hurt many shareholders.

    Matt will be a great support for shareholder communication and influence at the table.

    Throw in a dynamic commercially experienced CEO and you got the right mix, for now.

    As I see it, BOD will change anyway once Anteo Energy is ready to present to major globals.


    To ask at this moment, when company recovers from major set backs, to replace 3 directors without transition periods makes little sense, IMO.
    Hence my vote for stability at this point, even though I would have changes in mind in the medium term, according to past performances, in particular in regards to performance rights and performance based share issuances which need to be earned and can not be taken for granted as it is so often the case by ASX management in general.
 
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