MNS 0.00% 4.2¢ magnis energy technologies ltd

What would be good to see? the number of individual voters?I'm...

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    What would be good to see? the number of individual voters?

    I'm assuming you voted against FP's re-election, so deduct your holding from the 859,683.

    From there I guess you could assume average voting investor holdings. Someone with 3000 shares is unlikely to vote as opposed to someone with 300,000 shares.

    https://hotcopper.com.au/data/attachments/3831/3831445-72e0b7602182994e07372b6ae2fcfc54.jpg

    The total average holding is around 61,000 shares.
    The average holding for the top 1,133 holders is 624,000 shares. So if any of these voted against FP, it would be no more than 1.

    Let's say, for your sake, the average holder of 61,000 shares voted against fp. That would be 14 individuals

    Let's say also that only those top 1,133 holders voted for FP. Let's deduct a few of the Top 20 from the figures and say that after 14 of the top 20 voted, that left approx 32,500,000 "For" votes.

    Let's then assume the average holding of those top 1,133 after taking away the top 20......Top 20 hold 243,000,000. That means that 1,113 individuals hold approx 460,000,000. That's an average holding of approx 413,000 shares each.

    So, as an estimate, let's say after accounting for 14 of the top 20, and then the average holder in excess of 100,000 shares excluding the top 20 voted for FP's re-election, that means there would have been approximately 78 individuals (or 92 individuals including those 14 in the top 20).

    Do you think that is a reasonable estimate?
 
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