Comments on: How to vote at the RHG meeting: It’s showtime! http://www.rhgshareholders.com/how-to-vote-at-the-rhg-meeting-its-showtime/ Changing the RHG board Tue, 15 Dec 2009 23:22:38 +1000 http://wordpress.org/?v=2.8.4 hourly 1 By: big spender http://www.rhgshareholders.com/how-to-vote-at-the-rhg-meeting-its-showtime/comment-page-1/#comment-267 big spender Sun, 08 Nov 2009 04:40:22 +0000 http://www.rhgshareholders.com/?p=149#comment-267 for what it's worth, you have my 4000! :) for what it’s worth, you have my 4000! :)

]]> By: Val http://www.rhgshareholders.com/how-to-vote-at-the-rhg-meeting-its-showtime/comment-page-1/#comment-230 Val Mon, 19 Oct 2009 10:08:16 +0000 http://www.rhgshareholders.com/?p=149#comment-230 Thanks for making the job quick and easy, I loved the way you scanned the form. I wish you all the best. Thanks for making the job quick and easy, I loved the way you scanned the form. I wish you all the best.

]]> By: Lachlan http://www.rhgshareholders.com/how-to-vote-at-the-rhg-meeting-its-showtime/comment-page-1/#comment-224 Lachlan Sun, 18 Oct 2009 11:47:50 +0000 http://www.rhgshareholders.com/?p=149#comment-224 I fear the same. With this board and their legal team looking for any excuse to quash our case, I wouldn't give them any bait. First it's the requisition, then Greg's resume as well as the crafty spin about the requisitionists owning "fractionally" above 5%, I bet the next move is to throw out the faxed proxies. I ensured mine dotted every i and crossed every t before sealing the envelope. Also ensure that it's written Steven with an "n" at the end. They might not know who Steve Johnson is... It's reply paid, so there's no reason not to post it. I fear the same. With this board and their legal team looking for any excuse to quash our case, I wouldn’t give them any bait. First it’s the requisition, then Greg’s resume as well as the crafty spin about the requisitionists owning “fractionally” above 5%, I bet the next move is to throw out the faxed proxies.

I ensured mine dotted every i and crossed every t before sealing the envelope. Also ensure that it’s written Steven with an “n” at the end. They might not know who Steve Johnson is…

It’s reply paid, so there’s no reason not to post it.

]]> By: Rob & Julie http://www.rhgshareholders.com/how-to-vote-at-the-rhg-meeting-its-showtime/comment-page-1/#comment-223 Rob & Julie Sun, 18 Oct 2009 08:10:47 +0000 http://www.rhgshareholders.com/?p=149#comment-223 In the past, we've rarely sent in votes via proxies for AGMs, because the institutions, the insiders and the 'big players' determine the outcomes. However, as some boards - like RHG - have treated retail investors with such contempt, we've looked for an opportunity to let those in the corporate world know that we will not be trampled, that we will not be ignored and that we will stand up to be counted given that chance! Steve & Greg, you now have the 180,500 votes we hold between us. In the past, we’ve rarely sent in votes via proxies for AGMs, because the institutions, the insiders and the ‘big players’ determine the outcomes. However, as some boards – like RHG – have treated retail investors with such contempt, we’ve looked for an opportunity to let those in the corporate world know that we will not be trampled, that we will not be ignored and that we will stand up to be counted given that chance!
Steve & Greg, you now have the 180,500 votes we hold between us.

]]> By: Joe http://www.rhgshareholders.com/how-to-vote-at-the-rhg-meeting-its-showtime/comment-page-1/#comment-218 Joe Fri, 16 Oct 2009 04:04:32 +0000 http://www.rhgshareholders.com/?p=149#comment-218 Because they want the same as the people they're launching this crusade at, i would have thought that was obvious Because they want the same as the people they’re launching this crusade at, i would have thought that was obvious

]]> By: Warwick W http://www.rhgshareholders.com/how-to-vote-at-the-rhg-meeting-its-showtime/comment-page-1/#comment-217 Warwick W Thu, 15 Oct 2009 12:12:27 +0000 http://www.rhgshareholders.com/?p=149#comment-217 You have my 110,000 votes. However, why are you recommending voting for the remuneration report? For the last financial year non-executive directors (except the chairman) received from $20,000 to $40,000 per meeting attended. Now I know that there is more to attending a meeting than turning up on the day, but it does seem to me that the schedule of meetings was not particularly onerous and an awful lot of work is needed to justify that amount per meeting. Remuneration should be for improvement in the long-term advantage of the company. getting the share price up to 71c is good until you take into account that it started at $2.50. In similar vein, what has the chairman done to warrant a 9% increase in remuneration? And surely long-term benefits to the CEO should be geared to long-term benefit to the company? Why is he given 146362 options for presiding over a share price moving from $2.50 to 71c? You have my 110,000 votes. However, why are you recommending voting for the remuneration report?
For the last financial year non-executive directors (except the chairman) received from $20,000 to $40,000 per meeting attended. Now I know that there is more to attending a meeting than turning up on the day, but it does seem to me that the schedule of meetings was not particularly onerous and an awful lot of work is needed to justify that amount per meeting. Remuneration should be for improvement in the long-term advantage of the company. getting the share price up to 71c is good until you take into account that it started at $2.50. In similar vein, what has the chairman done to warrant a 9% increase in remuneration? And surely long-term benefits to the CEO should be geared to long-term benefit to the company? Why is he given 146362 options for presiding over a share price moving from $2.50 to 71c?

]]> By: Daniel http://www.rhgshareholders.com/how-to-vote-at-the-rhg-meeting-its-showtime/comment-page-1/#comment-215 Daniel Thu, 15 Oct 2009 10:50:05 +0000 http://www.rhgshareholders.com/?p=149#comment-215 Just Clarifying, Why do we need to appoint a proxy for our vote in section 1 when indicate our vote in section 2? (I almost sent it back without Steve's name in section 1, others may have done the same and I hope that wouldn't lead to invalid votes) Just Clarifying, Why do we need to appoint a proxy for our vote in section 1 when indicate our vote in section 2?
(I almost sent it back without Steve’s name in section 1, others may have done the same and I hope that wouldn’t lead to invalid votes)

]]> By: Brendan http://www.rhgshareholders.com/how-to-vote-at-the-rhg-meeting-its-showtime/comment-page-1/#comment-213 Brendan Thu, 15 Oct 2009 04:57:28 +0000 http://www.rhgshareholders.com/?p=149#comment-213 What do you make of Note 5, which states that "members who forward their proxy forms by fax are required to make available the original executed form of the proxy for production, if called upon at the meeting to do so."? Does this mean if we appoint Steve as proxy we also need to post in the form so he can produce the original at the meeting or risk the proxy being ruled invalid? What do you make of Note 5, which states that “members who forward their proxy forms by fax are required to make available the original executed form of the proxy for production, if called upon at the meeting to do so.”? Does this mean if we appoint Steve as proxy we also need to post in the form so he can produce the original at the meeting or risk the proxy being ruled invalid?

]]> By: Ed http://www.rhgshareholders.com/how-to-vote-at-the-rhg-meeting-its-showtime/comment-page-1/#comment-212 Ed Wed, 14 Oct 2009 23:40:23 +0000 http://www.rhgshareholders.com/?p=149#comment-212 My proxy is in the mail for all the shares I own. Regardless of how you guys end up, thank you for taking the time and effort to represent us and sending a message to these "feudal" boards who feel they can treat their shareholders with indifference. A lot of people outside of RHG and its shareholders are watching this exercise with great interest. Other such boards should be looking over their shoulders from now on. Notwithstanding the inertia from the ASX and ASIC, the status quo is about to change. Good luck and thanks again. My proxy is in the mail for all the shares I own. Regardless of how you guys end up, thank you for taking the time and effort to represent us and sending a message to these “feudal” boards who feel they can treat their shareholders with indifference. A lot of people outside of RHG and its shareholders are watching this exercise with great interest. Other such boards should be looking over their shoulders from now on. Notwithstanding the inertia from the ASX and ASIC, the status quo is about to change. Good luck and thanks again.

]]> By: Michael http://www.rhgshareholders.com/how-to-vote-at-the-rhg-meeting-its-showtime/comment-page-1/#comment-211 Michael Wed, 14 Oct 2009 23:22:35 +0000 http://www.rhgshareholders.com/?p=149#comment-211 Precisely - overseeing it go from over $2 to around $.55 when the economy was going strong is pretty poor. To see it rise lately upon the threat of action shows some interest. I also have not yet received my voting form - hope it comes shortly. Precisely – overseeing it go from over $2 to around $.55 when the economy was going strong is pretty poor. To see it rise lately upon the threat of action shows some interest. I also have not yet received my voting form – hope it comes shortly.

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