CYP 0.00% 22.0¢ cynata therapeutics limited

Resolution seven - privacy or private company!?

  1. 19,875 Posts.
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    It is very interesting that in opposing the shareholder special resolution that the issue of privacy has been raised.

    i know of several small shareholders who were contacted on their home numbers when cheap votes were being sought to get a directors’ loan vote over the line.

    privacy did not seem to be a concern then.

    ultimately they got their votes... just.

    you got to wonder (if not for one shareholder spending his own coin on a mail out then) if this agm we would have been asked to vote a slab more reissued options to mr wotton.

    that’s the value of this resolution. The board will win given the high threshold, but Accountability works.


 
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