Yes, nice spot regarding the increase in director fees (but in hindsight imagine coming cap in hand for something that *might* happen): "
The proposed increase to theprovision for significant additional workand attendances reflects the level of feesthat directors believe may be required tocompensate directors if a significant event ortransaction occurs.
I wonder if one of the "significant shareholders" is Siward Crystal Technology. They would turn their $38m investment into $174m.
This is really when the independent directors should come into their own. Lorraine, Keith and Steve have some involvement with other NZX Listed Companies. Steve was on the Board of Methven when it got taken over and de-listed (for better or worse, seems like the made a hash of it:
https://www.nzherald.co.nz/business/...5UJSEVURIY6EU/)