Q1. At next year's AGM, could you please do all the formal addresses, such as the CEO address, before dealing with the items of business? Also, will a copy of the full webcast, including the Q&A, be made available on your website for the benefit of shareholders unable to tune in live?
Answer: The chair Lawrence Gozlan blamed the lawyers and said they'd be sticking with the CEO address at the back end like over the previous 3 years. At least he committed to make the full webcast available online. Watch video of exchange via Twitter.
Q2. Why is Lawrence called a Class 3 director. How is that different from a Class 2 and a Class 1 director?
Answer: The chair Lawrence Gozlan deferred to both the Australian and the US lawyer on the call and together they explained that this just reflected the 3 year election cycle. Watch video of exchange via Twitter.
Q3. When did we last tender the external audit function and when are we next likely to tender the audit?
Answer: an excellent detailed response from audit committee chair Sergio Duchini. This is how you do it. Watch video of exchange via Twitter.
Q4. There have been many substantial protest votes against resolutions like this in recent months. It is not good practice to allow a board to selectively place up to 25% of the company's shares to anyone they like over a 12 month period, diluting the existing shareholders without compensation for their lost property rights. What is our history of doing selective placements, why are we asking for this authority and has there been a substantial protest vote against this resolution?
Answer: The chair... Watch video of exchange via Twitter.
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