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I hate saying this but I can't find a single succinct article -...

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    I hate saying this but I can't find a single succinct article - google "Two strikes rule ASX".

    Only 15% of shareholders approved the Remuneration Report. That means only 15% of the shareholders agree that the Directors are getting paid the right amount.

    If more than 25% vote against this is considered a "First Strike". If at the next AGM the company gets a "second strike" then there is a another vote for them to all stand down.

    85% of shareholders votes against the Remuneration Report. It's a huge protest and I can't see why. The three directors are only paid a combined $150,000 per year.

    Also 40% of shareholders voted for an empty chair instead of Ian Hastings.
 
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