VRX 0.00% 3.9¢ vrx silica limited

Ann: Results of Meeting, page-23

  1. 1,818 Posts.
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    Observation for those who know more about these things than me:

    VRX have 551,878,029  shares on issue.

    These result tallies all come in at less than 250m votes cast.

    So apparently  >50% of the shareholders can't even be bother to vote.

    Incredibly, from what I can see, that is actually a strong turnout.

    And in case you missed it, the fine print on these results is the most important part of the the whole shebang:

    "In relation to Resolution 1 Adoption of Remuneration Report, as more than 25% of the votes cast were against the resolution, this constitutes a first strike for the purposes of the Corporations Act 2001"
 
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