Section 203D of the Corporations Act provides for the removal an executive within a public company.
If the shareholders of a public company like CXO want to remove their CEO, they must first give notice of their intention. Shareholders must make this notice to move a resolution for removal at least two months before the shareholders meeting, which is likely to be in 3-4 months time.
Our illustrious CEOs performance has been abysmal. His communication to the market has been poor, and possibly in breach of Core’s own Continuous Disclosure and Communication Policy.
To lend your voice for the removal of the CEO at the next AGM email Jarek Kopias (Company Secretary) via [email protected]
Section 203D of the Corporations Act provides for the removal an...
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Last
9.0¢ |
Change
0.005(5.88%) |
Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
| 8.8¢ | 9.1¢ | 8.7¢ | $1.722M | 19.26M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 293470 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.1¢ | 478677 | 13 |
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| Last trade - 14.41pm 04/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |