robsmark
Regular
Under the two-strikes rule, when more than 25 per cent of shareholders vote down two annual remuneration reports in a row, it triggers a vote on a board spill that could result in the company's entire board of directors facing re-election.
Probably not what we want to be honest. That would just give shorters further ammunition. Though arguably there are a couple of members that could do with the flick for adding no value.
I have met Antonio (and a couple of other BM personally), and I’m comfortable with him leading our board. Well spoken, knowledgeable, and very experienced with this type of business at this stage of its life.
Let’s just hope that the landscape is different by the next AGM and shareholders are happy with what the company has delivered.
They’re publicly stating that AKD2000 is a game changer for us so in my eyes we should see some contracts before then. The EAP have apparently had this chip for some months, and AKD2000 was in itself a baby of forged from customer directive. With this in mind I see no reason why the company can’t get these contracts across the line. I would also expect our two existing contract to deliver fruit soon, and I’m particularly interested in the Valeo LiDAR system piece. I believe we could be involved and with $Billions in preorders we should get a slice.
This next 12 months are make or break in my eyes, let’s see what they can produce, hopefully without any unnecessary restructures.