Ardent result, page-35

I agree and disagree Dalley. These proxy advisors are not shareholders and they have not experience the decline in share price performance and our investment that we have. Although I did read in the media that Ownership Matters support Brad Richmond's election and also think Gary should go on the board as well if they end up buying more shares.

I prefer owners on board personally because their interests are much more aligned with ours. I'd trust these Ariadne people more on execution on that level. The board are just worried about keeping their jobs to pay for retirement - and I see Gary said he will not take any fees for his first 12 months.

I do agree these are good buying levels if we get shareholders on the board. If not then probably more pain in the future stock price.