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clock Created with Sketch. 13/07/16
11:04
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Originally posted by Amused observer
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I don't think it was a misquote but more an observation in regards Resolution 5, 6 & 7 as they are the same formula and principle. The difference lies in the value derived from the formula and principle and as you rightly say Resolution 5 assigns an order of magnitude increase that seems unwarranted and outside any formula or principle. I agree all Directors receive the same directors fees and some receive additional payments for (a) Board committee duties, (b) performance of executives duties, and (c) perform chairman duties amongst other things. Paul is asking for that amount based on (a) non-payment of executive remuneration as an employee, and (b) chairman duties as a Director of the company and all in arrears.
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Good Luck with AHF clearly understand your comments. The large scoops of shares are unacceptable from an investor and shareholder point of view. Too much of the share register is in the hands or control of the two non independent directors. And of late there definitely does appear to be very serious governance and compliance issues. Shareholders need to keep up to date on the ASIC site to get some idea on what is transpiring within their company.
