My last post as well. Sick of going round in circles.
From what you are saying you obviously don't trust the current board and appear to see anything unannounced as some sort of devious plan rather than a strategy to ensure they keep the upper hand in any of their negotiations with outside parties.
Ok so we need an independent Chairman as the consensus seems to be RT is crap at the job.
I have no issue with that.
So why does the resolution go beyond this and insist on the complete removal of a director from an already depleted Board? If the resolution gets over the line, as it seems it will, the BOD will consist of two fairly new appointments and a CEO with a large and increasing workload!
How is that going to be helpful to the company at a time when all is about to ramp up big time? How is that going to help with the communication to shareholders and PB's task of finding the replacement with his already huge and increasing workload?
As I’ve repeatedly said the resolution would have my vote if it was merely about the Chairman.
Cheers all.
Over and out!
TNG Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
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