interesting how the voting panned out for item 3 on the AGM agenda: Non binding adoption of remuneration report. 97 million FOR, 10.8 million AGAINST and 97 million ABSTAIN.
Compare that to item 4 which sought shareholder approval for additional placement capacity: 216 million FOR, 180,000 AGAINST, 36,700 ABSTAIN.
The adoption of item 4 means that directors will be allowed to issue equity up to a further 25% of the companies issued share capital. (technical term for share dilution - an almost annual outcome for EVM AGMs)
EVM Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held