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sf120

3,288 Posts.

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30/10/23

09:48

Post #: 70607531
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Originally posted by RBR: ↑

To those of you who missed this from msn81

HOW DO I VOTE?!(Instructions Below)

Long term investor, coming out of hibination, rarely post on HC these days, but keep across whats going on.

There's a lot of focus and information on Why to Vote, but not How To Vote...

I know the topic of MMGA has been done to death, and not going to go over that here. It doesn't take more than 2 brain cells to figure out what's going on with these crooks.

But given I am a hibinating investor, the Seriousness and Significance of our vote has compelled me to take the time to put this post together.

Firstly (total honesty/transparancy here):
I am very small fish; my parcel size is insignificant... my vote won't change anything... that's what I've thought for the past few AGMs, and I have not bothered to vote.
This time it's different.

How?
50% is held by the T20 - the other 50% is therefore held by people like me with (way) less than ~15m

Very/Small Fish account for about ~8.5% of the SOI.

and 41% are those holding amounts between 100K and ~15m

Power to the People!Collectivly we hold enough to decide the outcomes at the AGM.

Now, ask yourself this...
Do you think those supporting MMGA, who have put all this effort together to contact SHs, set up websites etc -Do you think theyWon't Bother to Vote?Of course they will vote, and not just look to get as many people as possible on their side, it's their job to get investors on side - it's how they make their $$$ - and how you loose your $$$.Effectivly stealing your money/investment.

Think about it - If they can get just 26% of Investors to vote in their favour, and only 50% of investorsbother to vote- then their job is done. We loose.
I'm don't want to be a looser.

So I made the effort to vote this time, and it wasn't as easy as I thought it would be (bare in mind I don't normally bother, so I'm unfamiliar with the process).

I also had no idea what was myHIN (Holder Identification Number).As a Retail Investor, I use CommSec and also have a Nabtrade account. I've documented instructions here how tofind your HINin both platforms and thenhow to vote.

(personal details hidden in green)

Here goes:
Find Your HIN (CommSec)
Log in and click on Portfolid

Find Your HIN (NABTrade)

Then - to vote: click on:

https://investor.automic.com.au/#/loginsah

You wouldn't let a theif walk into your house and steal your TV, so don't let these crooks steal your money.

I hope this somewhat helps the other small fish out there -collectivly we hold the power - but only if we actually bother to use it.

Expand

thanks for the excellent summary@RBR

I havent paid alot of attention to AGM voting in the past (although i have voted this time)

What happens to people that dont vote? Isnt their vote given to the chair of the meeting? This was my impression and thereby a failure to vote means the chair will vote on your behalf?

Appreciate the clarification

AVZ Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

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