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From: | "kentfamily" <kentfamily@actrix.co.nz> |
Date: | Fri, 18 Oct 2002 15:42:23 +1300 |
Snoopy wrote Reference was made in the buyback announcement to an acquisition that
they wanted to make that was no longer available to the group. You obviously follow Steel and Tube Gregory, so any idea what that was? I don't think it was stated but may have been Fletcher steel. I attended the annual meeting last year and despite
putting up a motion to reduce directors retiring allowances found it easy
to mix and mingle with the directors after the meeting. I was generally
impressed during conversations with the directors. The current president
or whatever of the institute of directors was in fact a director of STU and he
felt retiring allowances would give way to higher directors fees over
time.
Gregory
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