RE: EGM on Monday21 Feb 2014 15:33
Welcome long_haul, always great to see new posters on here. The possible share price decoupling doesn’t overly bother me as in the years since this was introduced the price has pretty much gone one way…down, so the demise of the scheme I would think should have little bearing going forward. On principle though I have to say it sucks, they really have not earned this sort of recognition.
Sadly I suspect they will get this passed as the large blocks some of the institutional investors have would make up a large proportion of the 75% and I’m not sure they will refuse, us PI’s don’t really get a look in. It would be very interesting if it was refused, not sure of the initial reaction of the share price.
However I'm as bullish as I've ever been on this company longer term now so whatever the outcome Monday 6 months down the line it won't be relevant I hope. GL