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08/02/19
08:10
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Originally posted by Werble:
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and last thing before I get off my high horse.. as a shareholder in the company, my own opinion is that it is definitely not in my interests to have two people nominated who I don't know, but more importantly seem to expect to be voted in without providing ANY indication on the direction / vision for the company. so to me any thing that the company can do to prevent such a takeover is in my interests as a shareholder, until such time as a see a cogent strategy proposed by the newcomers on which to base my investment / voting decision. and I doubt very much we will see this from the new guys.... i have currently maintained and actually increased my holdings on the grounds that FTT board will be going through options and have the skill set to evaluate and identify good opportunities. this is why I am still an investor with them and have not sold. in regards to current directors self interest, given they are currently working without fee I can't imagine having to deal with this on top of everything else would really garner much of that type of feeling in the existing directors (that is their jobs can't be much fun at the moment in general let alone not being paid for it).
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Werble - yes it must be sooo sooo hard for those poor selfless directors. I feel so sorry for them having to turn up to board meetings once a fortnight/month without pay, while us miserable ungrateful shareholders whose entire wealth has been wiped out are so petty and just grumble all the time..