On most companies I would agree with you Keg.
The Qantas board has bought itself a lot of scrutiny over its current direction vs results and the number of groups lining up now to ask questions is beginning to increase.
The AGM will be interesting. I think we will get an idea if the larger shareholders agree with the direction.
Comparing it with the results of the Virgin AGM (to get back on thread as I have digressed into one of hundreds of Qantas Threads) will be interesting.
The breakdown of voting between large shareholders and smaller private shareholders at both AGMs will be a good read.