Still very jet lagged last Monday, my first public appearance after visiting my elderly mother was to attend the Treasury Wine Estate AGM with one of my close friends and fellow shareholder.
I don’t usually make a point of attending AGMs but now that I am retired this will change.
Back in the good old days when Fosters Group was still ASX listed, I used to take a day off work to attend that AGM because it had the best refreshments post meeting – a lot of wine and beer and canapés.
Luckily I never had to call in sick with hangover the following day, although I got the full value of my attendance in red wine.
Treasury seem to be continuing the fine tradition of rewarding those shareholders who show up by offering a generous soirée after the AGM concludes.
Whilst the chairman was talking up the merits of the mid strength Pepperjack red on offer, I made an immediate and informed beeline for the Penfolds Bin 28, which retails at twice the price. After all, when do you get to drink your fill of a $50 bottle for free?
Next year, I won’t be jet lagged and I will make sure with my hollow legs that I benefit even more from attending the AGM.
Lost For Words! 
But did you make any carping comments from the floor? Did you vote against anything?
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Not at all. I leave it to Stephen Mayne to be annoying. He is very good at it, although some of the elderly busybodies were quite risable with their suggestions.
More important to get the meeting over and the free drinks started!
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