Hi Oldngrumpy,This is consistent with PAA's financial strategy.
When short of money, why fly 2 directors to Perth when you can fly them all to Melbourne. "Particularly when Melbourne hotel accommodation is at premium prices this time of year.”
2 Airfares Sydney to Perth plus 2 airfares Perth to Melbourne versus 2 airfares Sydney to Perth?
2 Hotel bookings in Perth verses 4 hotel bookings in expensive Melbourne?
Are these just plain bad, amateurish, poor economic decisions by the Board – OR are they ALL just cowards, along with being scared of facing, WA based shareholders, regardless of costs to other shareholders?
I would guess this would be an excellent question to ask face to face at the AGM, as I'm sure there must be an explanatory answer to this question?
Furthermore of coarse, the directors will not be able to cherry pick their questions and ignore shareholders if everyone attends.Wonder of coarse if they will give flippant answers like last year?
Wonder of coarse how it was too expensive to have the AGM live last year, and yet Roger appeared on zoom. Yet this year, make the AGM more expensive, and no doubt zoom again.
It would appear that this board is unable to give consistent answers not just in AGM's but in announcements as well.
Good thing they gave themselves reward oppies for free. What a wonderful example they have shown on their stewardship.
As Always
Best
Mickey Mouse
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