if you are a bit interested in the matter, then have a look at the ego report - particularly the one dated nov 7 - which includes the following
""It is clear that Mr Smith and his team are using the prospect of a so-called second strike in relation to the 2012 Remuneration Report as a way of trying once again to gain control of your Company at a “spill meeting”.
Such a use is not the intended purpose of the legislative changes regarding remuneration reports. Shareholders have the opportunity at the AGM to express again their support for the current Board and also disappointment at the renomination of Messrs Smith, Crawford and Downey by either lodging a....""
not sure what it means proxy or attending in person to vote for Resolution 1 and against Resolution 2. If Resolution 2 is not passed at the AGM, the “spill meeting” scheduled for 12 December 2012 will not be required which will result in a substantial cost and administration saving for the Company and allow it, once again, to focus solely on bringing its assets into production without the distractions of a third general meeting within a two month period.
GDA Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held
