This is a bit smelly that SPP options did not get approved at meeting especially when you look at the voting of all other agenda item.
It looks like the chairperson (director) abstain from voting on SPP options which if that is the case it could never get approved and would make the SPP illegal and was run on misleading investors and technically touches the boundaries of insider trading as they knew before had the SPP options would not be granted. Might be worth lodging a complaint at ASIC as they do investigate every complaint lodged.
take time to look at all the votes of all resolutions to see how dodgy it looks .. eg. To issue SPP options against 60.83% with 136million abstain. To issue options to directors only 1.54% against with around 30 million abstain
Good Luck and DYOR
Ann: Results of Meeting, page-9
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