vote no kowalick nc, page-26

re: vote no kowalick: To me the question of whether or not to vote for the director is the performance of the board! While a person's resume may say he has lot to offer, the reason for voting yes or no is "have the board delivered"? ARU has great assets, and I am not implying any intentional mismanagementby anyone but, to my mind, the "board" hasn't delivered as promised and has been slow. They said regarding the proposed demerger that they basically didn't realise how difficult it was going to be! That is what they are paid for to find these things out before doing them. Similarly over the period of my shareholding the board have seem lethargic. While mud throwing is NOT appropriate a robust discussion is.