At the Treasury Wine Estate AGM

As is now my custom, I attended the Treasury Wine Estate AGM on Thursday.

This time I planned in advance – a friend got a proxy from his wife to attend and two other friends who are not shareholders simply bluffed their way in.

Even though the share price has crashed in recent days, the meeting was relatively calm, although I would have to say that I do not find the governance issues raised by the Australian Shareholders Association monitors to be particularly original nor convincing.

What did disappoint me though was the quality of the catering. Last year was best practice – two hours of open bar and lots of canapés and yummy desserts. That would rate 10/10. This year, hardly any canapés and dessert was a tray of lamingtons. I rate that 4/10.

But having three of my friends there to share the freeloading fun made up for it a little bit.

Published by Ernest Zanatta

Narrow minded Italian Catholic Conservative Peasant from Footscray.

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