I just fired off a letter to the company as a pi$$ed off shareholder. Won't do any good, but made me feel better...... ;)
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I just fired off a letter to the company as a pi$$ed off shareholder. Won't do any good, but made me feel better...... ;)
Anyone going to the AGM can use my proxy to ask the following:
Question to David Hearn. Does he stand by all his Boards recruitment considerations and actions in selecting Jayne Hrdliker as Chief Executive Officer?
Question to David Hearn. Does he stand by his Chief Executive Officers decision to sell 100% of her shareholding in ATM on 28 August and 3 September for an average price of $12.20.
Question to David Hearn. Does he and the Board consider the judgment shown by the Chief Executive Officer in the sale of 100% of her shareholding to be the type of judgement expected for the CEO of the company.
Question to David Hearn. Does he see the CEO’s 100% sell off as contributor to the subsequent free fall of the share price to a low of $10.40
Question to Jayn Hrdlicker. Does she stand by her decision to sell 100% of her shares on 28 August and 3 September?
Question to Jayn Hrdlicker. Does she consider that her decision to sell 100% of her shares contributed to a drop on company value from $8,964,527,023 to $7,641,891,888. A loss of $1.3b
Question to Jayn Hrdlicker. Does she have any plans to recover $1.3b loss in shareholder since she sold her share and if so what are those plans.
Question to Jayn Hrdlicker. How is your new deck looking?
nz has recently held up only in the afternoon to be taken down , the nz instos must be getting a pounding i reckon from the aus and asians on this
"New Zealand shares fell for a fourth day as A2 Milk Co remains out of favour after recent selling by its chief executive and a director.". she will NOT stop with 1B CEO and this will drag entre NZX down. she offloaded all risks to others/market/shareholders - a typical US management style.
someone needs to take the blame either the BOD or CEO. it would not help anyone either way. it is too late to say, it would be a totally different result if she can prove her value first before thinking about the money. if a2 BOD needs to hire an airline CEO, they should consider AIR New Zealand first who is looking after the family. - this is NZ lifestyle. Ask yourself, what can you do without a stable family? more importantly what for?