The Annual General meeting will be coming up and I will be voting in this manner as per the brief accompanying description. This is a case of Superior Numbers.
Resolution 1. No - While the vote result is only advisory, if, at consecutive Annual General meetings, at least 25% of votes are cast on a remuneration report as against the resolution Shareholders can initiate a Spill Resolution to reconsider the appointment of directors.
Resolution 2. No "Mr Brent Jones, the Director longest in office since his last re-election, retires by rotation and seeks re-election." - Deadwood. NO DEAL
Resolution 3. No "75% of votes must be in favour to pass"
Resolution 4. No - They are not maintaining cash reserves or shareholder value, they are not getting a portion of their wage at such a discounted SP. NO DEAL
Resolution 5. No - They are not maintaining cash reserves or shareholder value, they are not getting a portion of their wage at such a discounted SP. NO DEAL
Resolution 6. Yes - This placement worked out well considering deemed issue price was $0.012
Resolution 7. Yes - This placement worked out well considering deemed issue price was $0.01
Resolution 8. Yes - This placement worked out well considering deemed issue price was $0.011
Resolution 9. Yes - This placement worked out well considering option exercise price is $0.02 or $0.04. 500000 heads is acceptable as with 9% (total) success fee.
This is not advice, DYOR
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The Annual General meeting will be coming up and I will be...
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19.0¢ |
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Mkt cap ! $531.8M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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9 | 1620717 | 19.0¢ |
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Price($) | Vol. | No. |
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19.5¢ | 11183510 | 74 |
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8 | 1598495 | 0.190 |
27 | 3595706 | 0.185 |
32 | 5613329 | 0.180 |
33 | 6081103 | 0.175 |
26 | 1884420 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 11128694 | 73 |
0.200 | 4947522 | 67 |
0.205 | 582458 | 7 |
0.210 | 1069881 | 18 |
0.215 | 584003 | 6 |
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