This will go down in Australian corporate history as possibly the biggest vote against a Remuneration Report. Over 73.5% of shareholders opposed the Remuneration Report.
Shareholders are furious and rightly so
Time for management to lift its game big time and treat its shareholders with the respect they deserve.
As a bare minimum EGL Board and management must
- Promote a dividend policy of not less than 50% payout
- Implement an effective investor relations program
- Appoint a sharebroker to follow, research and support the Company
- Renew its Board by appointing directors with extensive ASX listed public company experience
I only hope that the CBA does not withdraw EGL's banking facilities given the shareholders absolute rejection of Board and management.
IMO & DYOR
This will go down in Australian corporate history as possibly...
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Last
28.0¢ |
Change
0.010(3.70%) |
Mkt cap ! $106.5M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 27.5¢ | $114.2K | 408.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 210087 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 73470 | 2 |
View Market Depth
| Last trade - 15.40pm 01/08/2025 (20 minute delay) ? |
| EGL (ASX) Chart |