I have not been able to work it out...
As written in AGM notice of meeting, all of the directors were not allowed to vote on Resulutions 1 & 4-8
ie remuneration report and directors fees.
Would need to look at the significant shareholder list,
but could appear that there maybe are some ‘mates of directors’ who were willing to accept the remuneration report, but not quite so willing to go along with the snouts getting into a potentially lucrative performance options trough.
A general question...
The Corp act prohibited directors voting on res 1,4-8. but are entities which they might control/influence who are shareholders also prohibited from casting a vote on these matters?
If controlled entities were permitted to legally vote, one might speculate that some of the directors (or mates of) were not in favour of more largesse to themselves.
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4.2¢ |
Change
0.002(5.00%) |
Mkt cap ! $31.21M |
Open | High | Low | Value | Volume |
4.0¢ | 4.2¢ | 4.0¢ | $45.19K | 1.091M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 1090190 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.041 |
1 | 250000 | 0.040 |
3 | 553000 | 0.038 |
1 | 270297 | 0.037 |
2 | 24000 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 1090190 | 2 |
0.044 | 728316 | 2 |
0.045 | 71139 | 3 |
0.048 | 3300 | 1 |
0.050 | 16000 | 1 |
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