TCN 0.00% 4.0¢ techniche limited.

Ann: Results of Annual General Meeting, page-5

  1. 63 Posts.
    lightbulb Created with Sketch. 5
    I suspect the voting went something like this:

    FOR: 60%
    Karl Jacoby (Exec Chair & largest shareholder) ~25% (of total shares)
    Len Hoeksema (2nd largest shareholder) ~15%
    Others 20%

    AGAINST: 20%

    ABSTAIN/DID NOT VOTE: 20%

    40% of shareholders did not vote in favour of this most fundamental proposal. It passes solely due to the votes of the Chair - massive responsibility to now make this decision a success for all shareholders.
    Last edited by SmallCapTech: 26/11/20
 
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