CYP (ASX) What questions do holders want asked at the AGM?

Originally posted by JB1975 ↑

I'm looking at a Proxy Voting Form that say "Your proxy voting notification must be received by 11.30am (AEDT) on Sunday, 20 November 2022 being not later than 48 hours before the commencement of the Meeting.

Perhaps this reminder might prompt some holder/readers to get involved that otherwise might not - there are a couple of resolutions that are, in my opinion, important - remuneration report, reappoint chairman as a director and 25% as opposed to 15% standard dilution capacity.

My intention with this thread on questions was to try to get holder/posters to work together - pfeifer1982 has offered questions, truss20 has, I have - some have offered feedback on questions pfeifer1982 on mine, truss20 and sparkswa.

It appears to me though that getting discussion aimed at holder/readers to work together has pretty much failed as its friday the 18th and the meeting questions either have to be in in time to give the company a chance to respond (which is fair enough for complex questions in my opinion - perhaps like truss20's? or some of pfeifers1982's that contain links for background maybe - could a director really respond in real time hearing them for the first time?) or raised at the meeting (which can still happen - either in person or on-line).

In my opinion truss20, pfeifer1982 and myself are all able to ask questions ourselves if we choose to. I believe each of us have done so before without needing their to be an AGM.

But what individual shareholders acting alone can't do so well is pressure to get good questions (questions that really do matter for shareholder value but which might not reflect well on directors the board or management if answered honestly) get actually answered in a meaningful way.

Personally I think the KPIs question is pretty high up in importance. I'll read any comments anyone wants to make on my questions or on other questions they may have or on any thoughts on ordering the questions that have been suggested.

I'd have been willing to have gone along with a group if a proper group had formed - not asked some of my questions for instance so as to not crowd out other better ones.

I'm also willing to let anyone else ask any of mine if I don't - even ask them before me because you can't be sure I will at this stage. What I will probably do is send my questions in about the same time as the deadline on Sunday for proxy votes if I here nothing else from the forum.

I have to say this so reader holders will understand why I am careful about asking questions of ASX listed entities. In Australia our privacy protections are poor. I have had personal experience (not with Cynata) of an ASX listed company giving my personal information to a HotCopper member who then used that information to try to do a twitter search with other members to disclose my identity. Why does that matter? Because I was arguing for a beneficial ownership trace to be done on an entity that was related to a transaction that the company was recommending - it was up for a vote so it was legitmate to discuss it - but some shareholders didn't like what they perceived to be negative commentary going up - and apparently neither did the company secretary or whoever had access to his email - which was the only place he could have gotten my name from to have passed on. Again none of this relates to Cynata. But that company is now in a trading halt. And organisation I wanted a beneficial ownership trace done on (I was asking the shareholders to ask the company to do one) later caused problems for the company.

What CYP has done - some shareholders will recall - is post some shareholder details when those shareholders put up a proposition for a constitutional amendment. I see that as being a bit careless rather than malicious.

Bottom line if I post questions to CYP I will be specifically stating that I do not want my identity leaked to potential HotCopper members some of whom I know from personal experience will abuse the information if they can get it. I don't know for a fact any CYP holders would - but some act in such a way as to make me not wish to chance it.

Expand

If you feel like your not being heard you should try and get your point across in much shorter length of posts.

I feel like your intentions a right but If I'm being honest, I see your long winded 8-10 paragraphs and rarely make it past the 1st.

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Last 17.0¢		Change 0.015(9.68%)		Mkt cap ! $38.41M

Open	High	Low	Value	Volume
15.5¢	17.0¢	15.5¢	$47.10K	289.1K

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