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Live posts during AGM, page-104

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29/11/21

16:31

Post #: 57939506
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Originally posted by hoodle: ↑

The meeting should have been adjourned as per ASX guidelines (see the bottom of this post)

So, we can all moan on HC or we can do something about it. If you don't do something about it then it will continue.

Step 1
[email protected]
[email protected]

And let them know that

1) they failed their duties as directors under Treasury Laws Amendment (2021 Measures No. 1) Act 2021 section 253Q Virtual Meetings
2) you were not allowed to attend the meeting nor listen to it's content
3) you were not allowed to contribute to the meeting.
4) the meeting should have been adjourned
5) if you feel your rights as a minority shareholder have been surpressed, then tell them.

Step 2
Lodge a complaint with ASX https://www2.asx.com.au/about/contact-asx/customer-feedback/report-misconduct

The meeting should have been adjourned as setout in recommendations by asx

https://asic.gov.au/about-asic/news-centre/news-items/asic-guidelines-for-investor-meetings-using-virtual-technology/

if technical issues result in a number of members being unable to reasonably participate, the meeting should be adjourned until the problem is fixed. An extension to a statutory timeframe may be required to facilitate this. In the case of AGMs of entities with financial years ending up to 7 April 2021, a company or responsible entity may rely on ASIC’s ‘no-action’ position to extend the time within which they can hold the AGM by up to two months.

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Thank you Hoodie for this information. I have lodged a complaint with the ASX just now and received a reference number and asked them for a reply. Hopefully, more people on here share their concerns. VRX should have adjourned the meeting. They had access to all of the comments that were being made throughout the meeting. Not impressed. Communication is not that hard.
VRX Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
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Last 3.7¢		Change 0.001(2.78%)		Mkt cap ! $23.24M

Open	High	Low	Value	Volume
3.7¢	3.8¢	3.7¢	$1.497K	39.83K

Buyers (Bids)

No.	Vol.	Price($)
1	183196	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	249998	1

View Market Depth

No.	Vol.	Price($)
1	183196	0.037
2	170668	0.036
2	204861	0.035
2	393970	0.034
2	300000	0.033

Price($)	Vol.	No.
0.039	249998	1
0.040	38234	1
0.041	200000	1
0.042	328937	3
0.043	9523	1

Last trade - 16.10pm 11/10/2024 (20 minute delay)

VRX (ASX) Chart

Live posts during AGM, page-104

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