you do know 95% of shareholders don’t vote at the EGM.
the votes that approved were the 30,000,000 shares given to James Dack plus Zane’s 15 mill and then the tens of millions owned by Anthonys mate the landlord of the qld office and the broker who gets zillions of free shares and options.
then you have the chairman proxy votes - obviously in favour.
the few people that bothered to do anything don’t have a chance.
those free shares to Anthony all the other BS that goes on are pushed through by the directors and few top holders in the ‘club.’ The same club that got the convertible note on a sweetheart deal (at the time).
the system for shareholder advocacy is rigged across all asx small caps.
I recall rhere was one shareholder who had a backbone a few years ago. That person had enough shares to force a strike on the remuneration report. Fortunate for them they probably sold way above todays price. Unfortunately for shareholders who need a voice that person sold out…
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you do know 95% of shareholders don’t vote at the EGM. the votes...
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