BHP 0.35% $42.91 bhp group limited

News: BHP UPDATE 1-BHP's London investors endorse climate change plan, page-2

  1. 9,392 Posts.
    lightbulb Created with Sketch. 83
    If their AGM voting system is rigged like ours……..it doesn’t necessarily mean that 83% of shareholders voted for it!

    More likely a very smaller percentage of shareholder’s with very large shareholding more than likely endorsed it.

    It is actually a deceptive reporting way to make it sound like it is an actual Public Company!
    The only public connection is the funding system!

    Voting at a Union meeting has greater resemblance of being a Public Company!

    The Institute of Director have probably entrapped themselves with their demand for the Govt to only allow poll voting as their latest recommended changes to the Corporation Act.

    Their demand for these changes simply to entrench their reward system has backfired and now they have to cower to the climate change shareholders to get their rewards.

    They need to man up and utilise the laws in the Corp Act to save it being a public company!
 
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