I've never heard of this type of polling before - though I am sure something like this must have happened before.
Reading the posts it seems that the phone calls sometimes just ask for voting intentions - and sometimes start to canvas votes for the Hardman board's position.
I would be interested in the ethics of a company board spending shareholder's funds to promote the board's position.
OK - getting independent reports seems reasonable (even though we all know that the repoorts are meaningless) - and the board paying to let us know thier recommendation seems reasonable - BUT - paying for "push" polling of shareholders - using shareholder funds - under the guise of information gathering. What is this about?
Why does the Hardman board need to even get "advance" knowlege of shareholder intentions. Can't they wait for the meeting. Or are certain board members getting worried about their separation payments?
HDR
hardman resources limited
