4 thoughts on “Laurentian Research Weighs In

  1. I hope that the Laurentian Research individual voted for Oliver after he voted against Cook, His vote will be treated as an abstention or no vote if not, since only the last vote counts.

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    • that was my immediate reaction as well. hope people are not getting too cutesy by taking a dig at the incumbents and messing up their support for eo. a single vote is best.

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  2. I agree. I voted for Oliver. Key issues for me were:
    – General has no Oil and Gas experience. His area of expertise is Governance yet his only comment on a $6B publicly owned business being governed by 1888 brief trust deed which grants lifelong tenure and requires no stock holder meetings (other than from his perspective “everything’s on the table”). That’s hardly the kind of conviction that will bring change given the attitude of the other Trustees.
    – Based on the current Trustees’ governance record we need a fresh independent voice in the room. Oliver has outlined what he stands for and it makes sense.
    – Trustees repeated depiction of a 23% shareholder who has owned stock for 25 years as a “dissident” belies belief (and a sense of common decency).
    – Many of the Trustees assertions to stockholders have been plain wrong. The short paper today on Horizon’s actual assertions about the water business compared to what the Trustees told stockholders is alarming. Was it incompetence or intentional deception? Either way we should expect more of those who owe us a fiduciary duty.

    I could go on, but I doubt there’s any need.

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