I believe David answered that question about a seat on the Synlait's board during q&a session last AGM. If I remember correctly it was first or one of the first questions. He said that as minority holder A2M is not entitled to a seat. The only way for them to go is through a standard selection process which they choose not to pursue. I guess the reason might be that Synlait has 8 directors and should have at least half (4) as independent, another 4 are from BD. I don't think anybody from A2M will be counted as independent. Saying that, afaik BD directors are not allowed to vote in independent director selection.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
19 | 27103 | $5.78 |
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Price($) | Vol. | No. |
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14 | 23807 | 5.780 |
8 | 14572 | 5.770 |
7 | 20258 | 5.760 |
9 | 12388 | 5.750 |
Price($) | Vol. | No. |
---|---|---|
5.800 | 1524 | 6 |
5.810 | 36526 | 19 |
5.820 | 35387 | 13 |
5.830 | 32009 | 8 |
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