It has been a sad and financially damaging experience if you...

It has been a sad and financially damaging experience if you have invested your hard earned into AYB or the now named Pacific Dairies Ltd, not to mention the dairy farmers or anyone that is not involved in raising money for the above entites. Financiers and connected brokers could be considered the only winners but that depends on a calculation of income received over reputation.

My conversations with other Shareholders of this company say they feel they are in a position of disempowerment as all control is vested in the board.  They say the board makes statements and movements regardless of their concerns and is prepared to use and some say misuse the power imbalance.

The latest release of a announcement by the chairman, timed as it was after close of business Friday suggests that our modelling of the votes against the Chairmans re election at the spill meeting will be proved accurate this coming Friday. 

Our modelling shows that the Chairman could be defeated by the decision of just one shareholder and that one shareholder could feel so disempowered that they feel their vote will not count. It looks like nothing could be further from the facts..

Just think about it for a minute. You have had your money tied up for years, read so many aspirational statements over that time that came to nothing and then you see the results of the spill meeting and you vote would have been the difference between defeating the 
Chairman and letting him continue to disempower your rights.

it takes less than a minute to vote. It's something you have 100% control over. Your vote could change it the balance of this company. For once, all power to you.
Voting closes at 11am this Wednesday..


IMO. DYOR

shareholder standing for the board to clean up the mess