SVG 0.00% 2.9¢ savannah goldfields limited

Ann: Results of AGM, page-5

  1. 5,295 Posts.
    lightbulb Created with Sketch. 3288
    Was the AGM on zoom or video for SH's to watch??? In hospital missed it all.....

    Very disappointing result. We are well and truly stuck with the board and management now!!! Company lifestyle sadly continues imo......

    SVG has only 200 Mil shares

    Only 50% of SOI bothered to vote, as I suspected would happen, we needed more voters to implement changes and do a board spill...What a huge, missed opportunity imo and 50% of SH's only have themselves to blame.

    The REM report should have easily been voted against; I am so P off. Only got 7.8 Mil votes, less than 4% SOI, pathetic! This was easy to vote down as board cannot vote for this resolution, so many in the T20 are obviously mates with the company going off todays REM vote....

    This is a terrible figure.... 36 Mil votes for Rem report which is 18% SOI, add with Board 30%, Collin St 7.4% = 111 Mil shares, 56% of total SOI... Given these close supporters of the board, we have absolutely no chance to spill, so I will not be continuing.... Lots to think about as minority SH's guys....

    T20 - has 47% (94.5 Mil shares) which obviously made up the majority of these votes today.
    Collin St - holds 15 Mil shares, 7.48% (not sure if voted or not)

    Board hold 56-60 Mil, 28-30%
    SB - has 42.5 Mil shares, 21.2%
    Board - RA, MB, PW hold 13.2 Mil, 6.6%
    CEO, Senior Management - ???

    Over and out!!! Sick of this company and I will not be wasting any further time with them or posting..... All the best to all...... Just so P'ed off with the poor voting....... Back to the Big M and Towie show, lol....
    Last edited by docmin24: 30/11/23
 
watchlist Created with Sketch. Add SVG (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
0.000(0.00%)
Mkt cap ! $8.151M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 59320 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 228290 3
View Market Depth
Last trade - 16.12pm 13/09/2024 (20 minute delay) ?
SVG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.