Went to the EGM today. All five resolutions were accepted - i.e. two new directors are in and three existing directors are out. Did not record exact figures but around 45-47% shareholders voted. The 'for' vote got up at around 57% of the vote each, give or take. Votes at the actual meeting made no dent on the outcome which was decided on votes prior to the meeting.
George B was persuasive in arguing the 'for' case in informal chat.
Will be watching share price closely. Holding for now but possibly selling later.
CTN - EGM resolutions all accepted
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48.0¢ |
Change
0.010(2.13%) |
Mkt cap ! $64.73M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 48.0¢ | 47.5¢ | $46.90K | 98.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 31139 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 11246 | 2 |
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| NSC (ASX) Chart |