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7.69% 1.2¢ alexium international group limited

Possible Spill Thread

  1. Domero
    453 Posts.
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    28/06/17
    11:59
    Post #: 25536258
    Snippet from Chairmans address at AGM which suggests a greater than 25% vote against is possible if US institutions follow ISS recomendations.

    (Couldn't copy and paste - but well worth reading for this thread.)
    AJX Price at posting: 56.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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  2. Domero
    453 Posts.
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    28/06/17
    12:07
    Post #: 25536522
    As we know all of the remuneration was based on ASX300 (which we are no longer), so will they take pay cuts? Maybe ISS rate the company differently if they do?

    I suspect though that if ISS are used again they would be even less likely to find any reason to suggest voting in favor.

    Of course if there was a spill and re-election was required, is there anyone likely to challenge for a seat on the board?
    AJX Price at posting: 56.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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