RE:RE:RE:RE:RE:Shock to the upside!Deev86911 wrote: I think there's a little worry that a new set of BOD on the share holders shire might reveal some back room deals as to why we've been getting shafted all this time, and I have a question who decides who's on the next BOD electorates
The group that holds 21% of the shares has presented their nominations for the 4 independant directors. These 4 directors woudl replace the handpicked glencore "independant" directors on the board.
As shareholders, we will get to VOTE on the independant directors at the special meeting in march.
As a reminder, Glencore holds 25% of the shares and 25% of the vote for independant directors. This 25% ownership interest has historically been quite a hurdle to overcome for shareholders to nominate and elect directors.
With an outside, change minded, group now owing +21%, we have a MUCH better change of replaceing these directors because we are organized and being led by a change agents.
Future looks bright IMHO