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1.1¢ greenstone resources limited

Still on the case Lowkey. Good to see.

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Patong1

4,246 Posts.

659

16/05/24

08:56

Post #: 73848965
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Originally posted by Lowkeyinvestor: ↑

It is only SPECIAL resolutions that require 75% to pass and these resolutions have to do with important changes to the company such as mergers or changes to the company's constitution.
The renumeration report vote is not a special resolution but requires the 75% of FOR votes to be "ADOPTED" As you can see a first strike was given by like minded shareholders who thought the board did a bad job. A second strike on the renumeration report sends all directors (excluding the MD) to election within 3 months of that AGM.

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Still on the case Lowkey. Good to see.

GSR Price at posting: 1.1¢ Sentiment: None Disclosure: Held
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