HAV 4.76% 22.0¢ havilah resources limited

Some observations: Turnout: 50.7% of issued shares....

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  1. 1,322 Posts.
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    Some observations:

    Turnout: 50.7% of issued shares.

    Hypothetical: On resolutions that carried where Dr Giles could vote his 42m shares, his votes were decisive. Take him out of the equation (i.e. abstain), the outcome would be as follows:

    #3: For 40% Against 60%
    #5: For 41% Against 59%
    #6: For 42% Against 58%
    #9: For 44% Against 56%

    Meaning only 2 resolutions would carry being #2 and #8 both relating to Dr Giles.

    Query: #8 seems to allow Dr Giles to vote for himself. Would've carried anyway but...

    Despite the outcome today, independent Shareholders have sent the Board / Senior Management a message. Will they heed or ignore the message?

    DYOR
 
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22.0¢
Change
0.010(4.76%)
Mkt cap ! $58.57M
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21.0¢ 22.0¢ 21.0¢ $36.43K 170.1K

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