APG 0.00% 0.2¢ austpac resources nl

Was I wrong?, page-2

  1. 2,198 Posts.
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    mbarring,

    I am also very 'conflicted' with this.

    The language appears to be a bit more specific BUT there maybe someone else with different writing skills!

    At this stage I still plan to vote NO for the AGM in an attempt to get the directors put on notice.

    Hopefully that will occur and they will have 12 months to see if their predictions (forecasts or whatever other terminology is used) comes to fruition.

    There should be no more .for this management 'team' until we see action by way of substantial income.

    In fact I believe that management should take a pay cut as some 'profitable' businesses do when they are not achieving goals.

    All the increases that have occurred over time were based on promises - and yet - there were that core group of shareholders who said 'yep let's reward these guys for the good job they are doing - they are good guys and we like them'.

    And shareholders have seen what?

    Regards........................
 
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