Ann: Notice of Annual General Meeting, page-123

First 123 Last

Share
Profile

Follow
Atlas712

274 Posts.

105

18/06/20

00:13

Post #: 45286854
Share

Originally posted by Brett M H: ↑

I have been a constant supporter of this company, and even though there has been let downs quite often along the road, I always felt that Yacov was working towards the same end goal.

However these latest massive amounts of performance shares (based purely on low market caps) at a time when GMV's performance has been ordinary at best are an awful look.

They smack of pure greed on behalf of Yakov and managements behalf - and for the first time I am seriously wondering whether this management team are purely here to line their own pockets at our expense.

I have a large shareholding, and I will be voting no to all these resolutions - as IMO they are simply ridiculous at a time when the SP is virtually at all time lows, and the SP is well below IPO prices.

From what I understand, the Directors are not allowed to vote - so I presume that Yakov etc cannot vote for these resolutions.

But does anyone think we can muster enough votes to vote these resolutions down???

Would Yakov would have the support of the other large / top 20 shareholders in GMV?

Can anyone think of a good way to co-ordinate some of the larger GMV shareholders to vote against these greedy performance share resolutions?

Thanks in advance!!

Expand

I can guarantee at least one party in the top 20 will be voting against it

GMV Price at posting: 5.5¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Shekel Brainweigh and Calmer Co lead innovations in the retail space

RCE

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

ARN

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

There are more pages in this discussion • 330 more messages in this thread...

First 123 Last

Add GMV (ASX) to my watchlist

Ann: Notice of Annual General Meeting, page-123

Top Stories

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Shekel Brainweigh and Calmer Co lead innovations in the retail space

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

Featured News