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4,509 Posts.
651
25/11/23
18:35
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"... many share holders do not vote. These will be Yes votes because the chairman then votes on their behalf."
I was shocked to read that, Gary. So I checked the Scheme Booklet.
I think those shareholders who don't vote will be considered Abstain.
The Booklet says: "... as only those votes cast by Allkem Shareholders on the Scheme will be counted in determining ..." (my emphasis)
![https://hotcopper.com.au/data/attachments/5764/5764761-617fd588ae88f569c590763e7ea8c2bb.jpg](https://hotcopper.com.au/data/attachments/5764/5764761-617fd588ae88f569c590763e7ea8c2bb.jpg)
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