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  1. #5771
    Advanced Member
    Join Date
    Jul 2007
    Location
    Hastings, , New Zealand.
    Posts
    2,470

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    Sooner rather than later, but not by NTL.
    From my previous ad several days ago on this thread, I've recruited 8 burly blokes to do a nidnite raid on the mine, to get the pieces of 8.

    We've even got our own chant..

    Hi Ho, Hi Ho.
    its off to work we go,
    With a shovel and a pick,
    And a lady in the nick,
    Hi Ho Hi Ho Hi Ho...

    All we need now is a grumpy little wizened bloke to act as our cox/halfback.

    Any volunteers or nominations?

  2. #5772
    Member
    Join Date
    Jun 2011
    Posts
    266

    Default

    How many votes needed to oust him?

  3. #5773
    Member
    Join Date
    Apr 2020
    Location
    wellington mostly
    Posts
    125

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    Quote Originally Posted by cammo View Post
    How many votes needed to oust him?
    are you talking about how a CEO can be ousted? maybe half of the directors voting to oust him?
    i'm sure someone with more clue than i do will provide correct detail though

  4. #5774
    Member
    Join Date
    Dec 2013
    Posts
    340

    Default

    Hoping for a quarterly report today full of details on milestones that have been met in the last three months

  5. #5775
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,884

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    Quote Originally Posted by cammo View Post
    How many votes needed to oust him?
    Shareholders cannot oust a CEO. However pressure can be brought on the board by shareholders. The Board has the ability to oust a CEO.

  6. #5776
    CEO, NZ Shareholders Association
    Join Date
    May 2017
    Location
    Wellington
    Posts
    593

    Default

    Quote Originally Posted by blackcap View Post
    Shareholders cannot oust a CEO. However pressure can be brought on the board by shareholders. The Board has the ability to oust a CEO.
    interesting that according to their respective LinkedIn profiles, the CEO and the Chair go waaaaay back...I get the impression that Matt worked for the Chair in a different organisation. Given that, I'd be surprised if the 'holding to account' element of good governance is applied in this case. I might be wrong.

    disc: no holding, merely an interested bystander

  7. #5777
    Guru
    Join Date
    Apr 2020
    Location
    landskrona sweden
    Posts
    4,308

    Default

    i doubt the other directors cares a gold nugget....

  8. #5778
    Senior Member
    Join Date
    Aug 2017
    Posts
    620

    Default

    So if the CEO resigns say he has been offered a better job elsewhere,where do we see the SP going,I suppose I am asking would the 190 sellers offering stock at .008 decide not to sell 0n the off chance that NTL find a more competent CEO?

  9. #5779
    Advanced Member
    Join Date
    Jul 2007
    Location
    Hastings, , New Zealand.
    Posts
    2,470

    Default

    Quote Originally Posted by haewai View Post
    Hoping for a quarterly report today full of details on milestones that have been met in the last three months
    Yeah, well its high time the shareholders are able to change the theme song from;
    'Why are we waiting?' to
    'Gold' by Spandau Ballet.

    Some may prefer 'Take the money and run" by Bunny Walters...

  10. #5780
    Senior Member
    Join Date
    Nov 2009
    Location
    Super Rugby champion country
    Posts
    750

    Default

    The Notorious B.I.G. - Mo Money Mo Problems

    Though, I prefer Jerry Maguire

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