Dlight, it doesn't always follow that I completely agree with your posts, although I always value them.
In this case however, I concur 100%+, and could not have put the rationale for voting thus any better.
Have always, always, always been uncomfortable with Demetriou's presence - both my feelings about his character as well as his associations. Had thought he might leave after Conidi lost some of his influence, (assuming he has), but on the other hand by remaining there it could be said he maintains Conidi's influence somewhat (imo).
I am prepared to give time for results to indicate success or otherwise of the bedding down of recent and further short term acquisitions, but by the same token believe CAJ executive and non-exec should NOT expect 'reward' for these prior to their success being affirmed.
I definitely feel voting the Remuneration Report down is warranted especially if this sentiment is shared & acted apon by enough of us it serves as a sharp wake up call that we DEMAND a turn-a-round not only in financial performance, but attitudes culturally.
We want our targeted businesses to embrace coming aboard, not just the founders, who are obviously booking profits and other incentives. *To that end the only proposal I voted FOR was Res: 3. The remainder were AGAINST or ABSTAIN - 3 of each.
AGM voting is really ever the only opportunity to record our stern disciplinary views on the running of OUR company; phone calls and emails throughout the year are too easily forgotten or discounted, whereas the current option carries a legal aspect and is forever on the record.
Disappointing that with voting CAJ has not actually sought questions, (some company's forms do), nevertheless any among us who attend on the day will hopefully raise the issue, (as dlight and others here have repeatedly), we want to see board representation with medical expertise, and highly likely so would personnel in our businesses. *So Q for the meeting is, why has the Board not taken this route?
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