Roznov,
Very balanced post!
We seem to share similar views in that I am generally happy with KEY managements operational performance to date but not so happy with the *quality* of information fed to shareholders.
After due consideration my position is:
Voting NO to resolution 4 is not an indictment on the company or the board. It is simply saying that on this issue (resolution 4) we agree to disagree with them.
In other words, I appreciate and have accepted Ken's response/views on this issue but I respectfully disagree with him.
I am very confident that there are near term opportunities which Ken cannot discuss at this point in time, however this is my perspective and not factual.
So, as I have previously stated it is just common sense to be fully informed before handing over a blank cheque and at this point in time we do not have adequate information in order to pass this resolution.
I have every confidence in KEY's future and am happy to put my money where my mouth is on this. I already have a substantial quantity of KEY shares but I would certainly add to them if an SPP was available to shareholders (as I did with the last offer).
So, given my final decision, I was wondering if anyone could enlighten me as to the viability of resolution 4 being voted down.
Is this a mute point as was previously stated by another poster, or is there actually a chance that we can vote this down ...............
Do we have the numbers?????
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- ken's response and my follow up response
ken's response and my follow up response, page-30
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