Proxy results I was looking over the proxy results for COS and find it unfortunate that of the approx. 485 million shares outstanding about 230 million shares were not voted at all. I suspect these are shareholders who are equally frustrated with management and the board of directors so they simply did not vote. if I am correct and had the shareholders voted by withholding their votes then we would have sent a much stronger message to the company that the asset needs to be managed better, far better.
That said we are where we are for now, at some point the time will run out and we will see changes