don't really consider it by the skin of their teeth. with 69% of shareholders voting there are 31% who didn't vote.
presumably those advocating for a change would have voted meaning the majority of the remaining 31% were basically in support of the board or not following recent developments (and hence relatively ok with just letting the current board get on with it).
with luck PVD will be able to sell their holding to someone more supportive of the existing company and we can move on.
or they will just try to keep buying more shares and making trouble (rather than say actually focussing in their own company).
or hold and try to sell down the track for a profit assuming a new technology is found.
nothing against PVD holders, just not a company that suits my tastes as an investor nor do I think their directors would make a good fit on the ftt board (since PVD clearly has its own agenda, which remains known only to them).
anyway, hopefully we can draw a line under it and move on.