Ann: Board Structure and Executive Remuneration, page-131

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Curlyjoh

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04/10/19

11:16

Post #: 40723754
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Originally posted by Stalktock ↑

Hi Curly, I wouldn't be so discouraged. The latest top 40 has 39.39% ownership in the company, yet we have already had at least one person post recently they are in the top 40 (not interested in responses about whether this is true or not, as let's assume we can give benefit of the doubt) and certainly not happy. It is certainly plausible that there are more than 1 in the top 40 that are questioning support for management which would slowly chip away at the 39.39% some might be assuming are all on the same page.
Take last years results as well:

Look at the number of votes directed by proxy vote. I certainly know there are people who did not bother to direct their votes, which then land in the company's favour. If there are those out there that want to send a message, then there are certainly pathways to get discussion items on the AGM agenda, and maybe some who have not voted in the past may not leave their vote in the hands of the company.

Perhaps I am looking at this the wrong way? I am still open to hear how particular items can be brought as agenda items for the AGM for a good robust (yet constructive) discussion on what needs to be done for this company to get the basics right... and then work on the bigger things.

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Send the secretary a motion for tabling at the AGM. See what happens.

I will be voting this year.

ECT Price at posting: 0.3¢ Sentiment: None Disclosure: Held
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