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28.0¢ good drinks australia ltd

Ann: Change in substantial holding, page-7

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Bullwinkle1

67 Posts.

5

20/08/20

07:03

Post #: 46673306
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Originally posted by Bondi_Dan: ↑

Hi Bullwinkle1,

I just sent an email to CFO/Co Secretary Marcel Brandenburg requesting they remove the 'annual AGM question seeking to authorize the Board to issue up to 10% of the shares to raise Capital each year. (see below).

Clearly most shareholders Vote YES to every question by default - despite my intense explanations that voting NO would benefit all shareholders more than further dilution.

I hope more direct action, contacting the CFO/Co. Secretary may get more traction.

This is what I sent tonight:
=-=-=-=-=-=-=-=-=-=-=-=-=-=-
Hi Marcel,

I’d like the Board to remove the ‘’annual request’’ at the AGM for authorisation to raise up to 10% of Number of Shares - or similar, you know the question to which I am referring.

We long term Holders are looking for Capital Appreciation, rather than dilution.

Thanks for your time.

Best regard,

Dan Wilson
QFA - Stockbroker - Derivatives -
- Debt Management Services -
( [email protected] )

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Great initiative Bondi_Dan, hats off to you! This would be a much better sign of intent than I had suggested.

You're right, most votes pass without proper scrutiny. Personally I hold my shares through a custodial platform that does not facilate proxy voting.

GRB Price at posting: 5.2¢ Sentiment: Hold Disclosure: Held
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Last 28.0¢		Change -0.010(3.45%)		Mkt cap ! $36.99M

Open	High	Low	Value	Volume
29.0¢	29.0¢	28.0¢	$26.46K	92.91K

Buyers (Bids)

No.	Vol.	Price($)
1	9999	28.0¢

Sellers (Offers)

Price($)	Vol.	No.
29.0¢	2142	1

View Market Depth

No.	Vol.	Price($)
1	9999	0.280
1	5000	0.275
2	104749	0.270
2	7169	0.265
2	13849	0.260

Price($)	Vol.	No.
0.290	2142	1
0.295	170677	3
0.300	29045	4
0.310	9064	2
0.315	33473	3

Last trade - 16.10pm 25/06/2024 (20 minute delay)

GDA (ASX) Chart