SSM service stream limited

ii have thorney issue with capital raising, page-3

  1. 5,717 Posts.
    lightbulb Created with Sketch. 570
    Thorney is not allowed to vote on 1 or 2 as I see it as they are a beneficiary but they can vote on 3 as they are not part of the SOPHS. Any SOPH benefiting on 3 cannot vote on 3 but as I read it can vote on 1 and 2.

    Not a nice situation as each can vote for that part they are not part of.

    Its a simple majority for each resolution refer the notice of meeting at the bottom it says all 3 are ordinary resolutions so 50% plus 1 vote of those entitled to vote.

    Will I vote in favour - No I think its time that management stop handing out freebees to others when shareholders would take up the offer.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$1.96
Change
0.000(0.00%)
Mkt cap ! $1.204B
Open High Low Value Volume
$1.97 $1.97 $1.95 $262.9K 134.3K

Buyers (Bids)

No. Vol. Price($)
19 27159 $1.96
 

Sellers (Offers)

Price($) Vol. No.
$1.96 4908 6
View Market Depth
Last trade - 10.50am 25/06/2025 (20 minute delay) ?
SSM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.