From the conversation at the AGM, I think Pact has made 2 wrong...

From the conversation at the AGM, I think Pact has made 2 wrong concepts.

1) They, whether RG/Kins/Pact/Pact Claim Group etc.. think they can win the $30 mil suit case on the basis that TIC has not hit the target proposal set out in the contract. Opposingly, I would tend to poke my finger at Pact's management for not making that much of cash, by delaying certain orders till July. Come on, we have all seen what Pact is in the last few years, and this forum contained many criticisms from holders that built up like mountains.

From my memory, I can recall incidents like Sanjay buy shares on the market by using employee shares scheme and had to sell it back on the market by order of ASIC, his empty promising of not selling contract manufacturing division and had to be confirmed by me at last AGM that they are not ever selling it, after delaying from notifying the public for more than 2 years. Then, there were incidents like the chaining supply cost hike, material cost etc... They blame everything that caused by the world to get themselves away from it. Now, they are blaming a contract that was signed in 2018 or so that didn't work in 2020 or later, when the whole world is disrupted by Covid-19. If TIC run short of few million dollars, Pact would need to think back how many hundred of million dollars they had screwed up from its investors and share holders? This is not to mention TIC was running short by a delaying of order from Pact here, hello? Typical, Pact style? Sure! Of course, Pact will always say we only focus in business not share price and I am surprising since RG did the take over bid, Pact changed the tone and said the bid was right amount as since then it only stay around 81 cents mark. Do I smell something odd here, sure I do!

So 1 or 2 years ago, their comment is ' Pact only deal with business not the share price' and kicked me out of the conversation at AGM, 1-2 years later, they said 'I think the take over bid price was right' So, since when did Pact changed the management? No? So same management team just suddenly became a specialist management team on share market?

If the judge read this comment, I implore your Justice to be consider of what is the public view on this situation (which 99.5% of us (excluding key management votes) voted against the remuneration report to kick the management team out) before the Justice making the decision huh?

2) Upcoming months, we will have the mid year report, the outcome of 30 millions suit case, interest rate is in on the cusp of dropping and despite the plastic treaty being stalled in Busan, many analysists expected that nations had agreed to the Chair's text with blurry words on certain issues to be discussed around late spring to summer (May-August) this year, 2025, and look like this time the UN committee had worked out who were the trouble makers and are building solutions towards it. I think it is just a matter of time till this stock rise again.