"It will be interesting to see how the resolutions are voted on in the coming AGM - especially the remuneration report and re-election of Directors. "
mm3, a vote against the remuneration report will mean nothing in this instance, besides that a "First Strike" is in place....... until the remuneration report is voted against again at the next AGM....... Then, within 90 days (from memory), a meeting can be called to spill the board. BUT, if you spill the Board, you better have another one there and then to install ....... or in effect the company falls over.
GZ
CAS Price at posting:
3.9¢ Sentiment: None Disclosure: Not Held