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What does first strike mean?

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Duck1bugger

303 Posts.

29/11/16

19:22

Post #: 20974874
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Originally posted by nt_1973_au ↑

"The Board notes that in relation to Resolution 1 – Adoption of the Remuneration Report, while the non‐binding resolution was passed (by a greater than 50% majority), as more than 25% of votes cast were cast against the Company’s Remuneration Report, this constitutes a first strike for the purposes of the Corporations Act."

and a 'first strike' to conclude a very successful agm, this company is just going from strength to strength, imho

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What does first strike mean?

TV2 Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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