MEM 0.00% 0.5¢ memphasys limited.

RB,In the interests of good management contingency plans always...

  1. 1,225 Posts.

    RB,
    In the interests of good management contingency plans always have to be in place after a strike 1. However, a spill is most unlikely for the following reasons:

    1. There is no mood amongst shareholders to do that.

    2. The company is in a critical stage of its development with delicate negotiations in progress. Only idiots would jeopardise that at the moment.

    3. No preparatory initiatives have been made for changes in directorships. One can hardly expect sharp organisation to emerge from chaotic shareholders. If such changes were desired the planning should have been done 6 months ago.

    4. The share holding structure of the Top 20 makes it well nigh an impossibility.

    It just astounds me that the people here have so much time that they can spend a significant fraction of their lives looking for old cows lost in the mulga.

    If management should be grilled on anything at the AGM it should be on problem solving and the prospects of how the Singapore facility will be effected in short time. I see negligible constructive debate here on these matters.

    Juke
 
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