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Can we clarify if it's a vote per holding or a vote per number...

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

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DickyB

389 Posts.

1095

12/04/22

11:03

Post #: 60802464
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Originally posted by TerribleTadpole: ↑

I believe at least 50% of shareholders must vote in favour, comprising at least 75% of the votes actually cast; meaning that not voting means your shares aren't counted when calculating whether 75% was reached. Therefore if either more than 50% of holders vote against, or more than 25% of votes cast are against the proposal then it will fail.

But I am absolutely not an authority on this question.

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Can we clarify if it's a vote per holding or a vote per number of shares held?

RAP Price at posting: 11.3¢ Sentiment: Buy Disclosure: Held
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