Dear SHs,
the guidelines are as follows:
https://asic.gov.au/about-asic/news...ing-agm-and-financial-reporting-requirements/
It’s clear and obvious if management “wanted” this meeting to proceed, it would. OR if they thought they could win the vote, it would.
Guidelines say,
“Some entities may wish to proceed with holding their AGM by 31 May 2020 or during the extension period, using technology to comply with COVID-19 restrictions. This may include a ‘hybrid’ AGM (where there is a physical location and online facilities) or a ‘virtual’ AGM that is conducted solely online.
ASIC understands the benefit of hybrid and virtual AGMs in the current circumstances, including encouraging members to vote by proxy and participate electronically. In circumstances where a notice of meeting has already been dispatched to members, we support entities sending supplementary instructions to their members electronically, on their website and via market announcement.”
IMO - Management, once again, proving they are in this for the lifestyle and not SHs interests.
I suggest all SHs contact Management asking them to do the vote via the electronic guidelines.
Their contact details are in the ANN.
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Dear SHs, the guidelines are as follows:...
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