ASX subjected to a Maynathon

January 11, 2008

This brief item appeared in Wade O'Leary's Bottom of the Harbour column in The Daily Telegraph after the ASX board tilt on October 23, 2000.

Attendees at the ASX AGM were subjected to a Maynathon in the stock exchange's flash auditorium yesterday. Fearless finger pointer and former Daily Telegraph business editor Stephen Mayne tilted at one of his favourite windmills when he ran for a spot on the ASX board.

The three sitting members, who already held the proxies and would usually kick back and accept the laurels without challenge, actually had to get up and say their piece.

It may have struck a blow against corporate complacency but the punters were steaming at being made to sit out their lunch hour, only to be offered some greasy pastries when things were finally would up at 2.30pm – an hour-and-a-half later than scheduled.

For the record, Mr Mayne secured 8.85 per cent of the vote.