Q1. Why hasn't our chair Philip Lowe taken on any other public company chairing he gigs? Is it a lack of offers or is he not interested? How does he find being the non-executive chair of Future Generation, compared with being the executive chair of the Reserve Bank. Is it difficult to not roll up the sleaves and get super-involved like an executive chair?
Q2. Could Geoff Wilson please explain what he is doing fighting in the sandpit with Nicholas Bolton over Keybridge Capital when it is such a small company and he has so many other listed investment companies to manage? From afar, it looks like obsessive bullying motivated by personal animosity and a distraction from the main game? Does Geoff have a Keybridge exit strategy and is our chair Philip Lowe comfortable with all this distracting fighting that Mr Wilson is engaged in at Keybridge?
Q3. It is a bit disrespectful to the shareholders of our company to schedule this AGM for 10am, but then impose an effective guillotine on the debate by scheduling our sibling company Future Generation Global to hold its AGM at 11.15am. It's not as bad as the Wilson stable holding 8 AGMs on one day but could independent chair Philip Lowe undertake to adopt the AFIC stable model next year where one LIC holds its AGM in the morning and another holds it in the afternoon, so that if debate does drag on, shareholders won't feel pressured to sit down and shut up. This is just about respecting the AGM as an important governance event, not some boring compliance process to be rushed through for the convenience of management and the board.
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