I am a little uneasy about this choice of venue/country for the AGM. Surely this is unsettling to shareholders who want to ask a few hard questions of management. Is it an unnecessary cost to shareholders to put its management on a trip to Bermuda? What and why are they hiding the AGM in Bermuda for? I for one think they are trying to hide away from the heat of shareholder backlash and may also be about to drop a bombshell on us. I just cant see any feasible reason why they would expense a lavish AGM in such a distant location. I don't like the sounds of this and it was my immediate reaction to reading the AGM location. Are there any benefits to shareholders by holding the AGM in Bermuda?
NKP Price at posting:
55.0¢ Sentiment: Hold Disclosure: Held
