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Ann: Results of Meeting, page-16

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  1. 10,600 Posts.
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    No real surprises here. A first strike on the rem plan and the rest of the resolutions held up to the test.


    Somewhat surprising is the actual polled votes count for the resolutions, it seems some shareholders with decent holdings either just didn't vote, missed the deadline or put in incorrect proxy forms. Or dare it be said, the vote count integrity.


    Sounds like everyone behaved like freshly scrubbed, well dressed little choir boys and girls at the actual meeting if what another poster claims is true. Not sure that is the full truth really but its neither here nor there now. What will be interesting is to see where this goes from here as there are some matters looming and how they are handled and reported to shareholders is something I look forward to seeing.


    As for detail like missing bio-assets that are reported in the financials but are AWOL on all other matters like their operating costs & possible revenues; the seemingly wayward and rather cavalier allocation of shares to various related parties; the ongoing love of anything in Fiji; the never-ending story of dairy farms somewhere between Wangarrata and Wagga Wagga; and the continuation of the elusive bond funding for all this fun. Well they all just keep the excitement in this little mystery box saga whilst poor shareholders sweat out whatever future the current Directors have planned for them. And that has to be the most alarming thing of all, the current Directors and their performance and transparency.

 
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