NIC 1.20% 84.0¢ nickel industries limited

Ann: Notice of Extraordinary General Meeting, page-5

  1. 341 Posts.
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    Having said the above, NIC's top 20 shareholders hold 83.26% of shares on issue, therefore, retail shareholders dont have much voting power about it. Reducing 22.7% of ShangHai Decent Group voting power which are not allowed to vote because they are related parties, the votes of retail shareholders are still only 21.6%. I really hope other institutional shareholders vote against it... NIC is good enough and we dont need to empty the entire company's pocket to buy another project.

    https://hotcopper.com.au/data/attachments/5725/5725225-3bec8a5a52e8d4611d350ce59f41012e.jpg
    Last edited by BullWish: 10/11/23
 
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