Woodman has 500k FPOs, which he paid $100k for.
How many are you holding? Unless you are in the top 10 you’ve got less money at work than him.
Let’s be honest, we are minority shareholders. If we don’t like how the company is run, we can decide to sell. But we don’t have any ability to influence decision making unless we have at least 5% and can requisition an EGM and start shaking the tree. That’s the truth.
Ann: Date of AGM and Closing Date for Director Nominations, page-29
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