These results are an absolute sham. Here is the result:
76,025,189 votes were cast - this is 41.85% of shareholders (assuming 181,639,883 current shares on issue).
This means that of the 71,648,302 were voted in favour of the remuneration increase, this does not represent a majority of holders (it is the same percentage, 41.85% of all holdings voted in favour of the remuneration increase).
Understand that this is the way the voting system works for companies, but it isn't a resounding approval of all shareholders either.
Best of Luck
Lost
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MFG
magellan financial group limited
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1.28%
!
$10.68

These results are an absolute sham. Here is the...
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Last
$10.68 |
Change
0.135(1.28%) |
Mkt cap ! $1.822B |
Open | High | Low | Value | Volume |
$10.55 | $10.68 | $10.43 | $1.737M | 164.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 1186 | $10.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.68 | 1170 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 739 | 10.660 |
11 | 1292 | 10.650 |
13 | 2021 | 10.640 |
11 | 3022 | 10.630 |
11 | 3729 | 10.620 |
Price($) | Vol. | No. |
---|---|---|
10.670 | 1118 | 6 |
10.680 | 2530 | 12 |
10.690 | 2801 | 15 |
10.700 | 3318 | 13 |
10.710 | 5529 | 8 |
Last trade - 11.43am 31/07/2025 (20 minute delay) ? |
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MFG (ASX) Chart |