Snippet from Chairmans address at AGM which suggests a greater than 25% vote against is possible if US institutions follow ISS recomendations.
(Couldn't copy and paste - but well worth reading for this thread.)
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alexium international group limited
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As we know all of the remuneration was based on ASX300 (which we are no longer), so will they take pay cuts? Maybe ISS rate the company differently if they do?
I suspect though that if ISS are used again they would be even less likely to find any reason to suggest voting in favor.
Of course if there was a spill and re-election was required, is there anyone likely to challenge for a seat on the board? - There are more pages in this discussion • 54 more messages in this thread...
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