The resolutions regarding the performance shares only require a simple 50% majority of those voting. I would like to think , however , that management might have the integrity to forego the rights if ,say, 30+% voted against it.
The 25% "first strike" rule relates to a company's annual remuneration report - if it is repeated the following year then the remuneration recommendations cannot proceed.
Fisho
WPL gets first strike against renumeration report, page-6
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.5¢ | $43.20K | 86.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21776 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 94070 | 2 |
View Market Depth
| Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |