Well put Clark888. Given the sentiment expressed towards HAV's...

Well put Clark888.

Given the sentiment expressed towards HAV's Board and Senior Management on this forum and reflected in the share price, the 2018 AGM is an opportunity for shareholders to send a message to HAV Board & Management.

At the 2017 AGM, based on resolution 1, 12% of securities were cast (175 holders). Once you add Dr Giles 19.2% holding and the rest of the Board's ~ 0.5%, the total securities cast becomes ~ 32%.

Dr Giles cannot vote on Resolutions 1, 2, 4 and 8. That means other shareholders can determine the outcome here.

Dr Giles can vote on Resolutions 3, 5, 6, 7 and 9. Here Board members have a ~20% head start.

Clearly a 32% (total) turnout is inadequate to provide a representative view of what shareholders think. If this turnout is repeated this year, any resolution that Dr Giles in particular can vote on would carry. A significantly higher turnout is required to provide a representative view.

Your Vote Matters!

If you want your vote to make a difference at the 2018 AGM:



DYOR