I was there and there was a fair bit of challenging on the drop in the share price. McColl and Hopper both agreed that they had taken their eyes off the PR and SP and that they had a board meeting the night before the AGM to try and come up with some strategies to rectify this. One shareholder totally challenged their direction and said what we are all feeling. They said they will rectify this and then talked of a SP of $1.80. The board were very excited about the latest results.
I was glad I attended the meeting and it was worth the long trip. You hear so much more that what the report gives.
Take the time to attend next time.
VLA Price at posting:
71.5¢ Sentiment: Hold Disclosure: Held
