Robocensor seems to be in action stopping me replying to a post from the person that replied to me - so this to
@GH1971Ok try again - I kept my earlier drafts.
Hi JB, I'm afraid you're howling at the wind on this issue.
It's not a CYP specific problem. I read all the way through your post the first time and was really impressed with the content (ie argument, links, tone) and was particularly impressed that you hadn't included a dig at the bad guy for the entertainment of the crowd - your really hadn't its only the "I'm afraid you're howling at the wind on this issus at the start that is the very gentlest of potential nods to the audience. Thanks for the tone and style of your post.
Now
It's not a CYP specific problemGH1971 - I assure you those excerpts I posted are from the CYP annual report and the corporations report - if you or anyone else doubts that they can check for themselves. Very specific - CYP reports.
Now I'm going to assert something from memory I recall recently reading the 2016 Annual Report (CYPs) for comparison and seeing the Peter Webse company secretarial service had a rate of $250 per hour - then.
I reckon when annual reports and corporate governance reports are made at least $250 dollars an hour is likely to be what the company pays someone like Peter Webse (a company secretary - qualified) for the parts that they do. But I'm willing to be corrected. And the company secretary isn't just some random - its Peter Webse. Just like the Chair is Brookes and the MD is Kilian Kelly.
So in my second excerpt above where it says, next to 5.3, and I highlight with a square around it
"Any new and substantive investor or analyst presentations will be released on the ASX Market Announcements Platform ahead of the presentation". I read that as being from CYP specifically - more specifically I read it as having Peter Webse behind it - if he took it to the board and having Brookes and Kelly as Chair and MD behind it.
All very CYP specific.
I appreciate your position that you would like as much time as a soph to review a presentation... good thanks -so should the directors and company secretary -
but that's not the way the market works and it's standard procedure allowed by the law. - that how the market works - I find to be a sort of retreat from the specific back to the general - I had posted specifics -excerpts from CYP reports - not market generalities - not ASX continuous disclosure rules. . And I don't think is standard procedure allowed by the law to have corporate governance statements say "Any new and substantive investor or analyst presentations will be released on the ASX Market Announcements Platform ahead of the presentation". - and then it be the practice that something else happens.
I think - old school me maybe - a misleading statement in a corporate governance document that the annual report refers to is a misleading statement from the company officers responsible (not the market) for putting such company statements out.
How am I wrong on any of this in your view if I am?
(20min delay)