If I was talented enough regarding web design to make this page open up with the Scorpians whistling away “Wind of Change” in the background… I surely would. Having followed the “Moskva down to Gorky Park” in the middle of winter on many occasions, I can only try and do my best to send a warm vibe to you this morning …
This will be a mercifully short post, but just to express my genuine appreciation to all the shareholders that gave Benitec (ASX : BLT) and Novogen (ASX : NRT) a hard time at their AGM’s yesterday. There was some real dissent about company performance and remuneration, and it’s appropriate. It’s also extremely important. In truth it is not fair to lump the two companies together – Benitec is good technology at the wrong time, and Novogen is wrong technology at a good time – but in both cases, shareholders were right to challenge. I personally think it should have gone a bit further but there is little doubt that the correct message was sent.
It actually gives me hope that the quality of the sector can improve when this type of outcome happens. Well done!
I didn’t attend either AGM but I would welcome any perceptions or commentary on the events.
Photo cred : Wind of Change, Tom Stoddart. Iconic