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Message: Re: Reflection of the AGM

Jun 27, 2009 07:12PM

Jun 27, 2009 10:41PM

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Jun 29, 2009 09:52AM
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Jun 29, 2009 10:07AM

Well actually there was a question about the credibility of the company made at the AGM by someone who complained about the the missed targets by the company. There was alot of murmured agreement when the question was asked, and as usual, the answer was not forthcoming but was steered to the corner, where I am sure some of that was discussed in the scrums afterword.

I can tell when a room is anxious about something and there was definitely an air in that room that was not present last year.

last year there was an upbeat positive feel, but not this year.

When the share price is the almost the same as it was at last year's meeting, and especially given all the developments that have happened over the last year, people are not going to be happy, and given that the senior elements in the room are losing patience, it was not so happy.

Several times during the meeting, Dale was happy to say that the share price was at 2.60, but there were not many investors smiling at that.

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Jun 29, 2009 07:25PM
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