The votes from the company announcement shows: The 2024 Appendix 4E and Annual report shows:
Note 18 that at the close of June 2024, the number shares issued is 639,202,310
The weighted average number of shares used for calculating EPS is 634,658,764
Put simply, shareholders owning less than half the issued shares voted - those that did not vote got the same BOD who had been destroying shareholders wealth. It should be noted shareholders participating in Resolution 1 and 5 totalled 245.551 million shares (For/Against/Abstain). How did the number of shares voting for resolution 2 re-electing Deborah Neff increased from 245.551 m to 321.723 m = an extra 76.171m shares. This is an extra 23.9% of voted shares (76.171m/(221.796+98.379) !! She was elected with 69.27% for and 20.79% against. Without the extra 23.9% of shares voted, she would have got (69.27% - 23.9% = 45.37% ?? Shareholders should ask the company to explain how and where the extra 76.171m shares came from ??
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)