Any publicly-listed company’s annual general meeting where just three shareholder questions are asked of the board can be seen as a measure contentment over company direction and performance.
The 2022 AGM held by the Australian Agricultural Co yesterday attracted only the most cursory shareholder scrutiny, and one of the questions asked was the perennial, ever-hopeful inquiry about shareholder dividends. AA Co has famously failed to deliver a dividend to shareholders for the past 15 years.
Chairman Don McGauchie addressing yesterday’s AA Co annual general meeting
This year’s AGM was…
