YOW 0.00% 2.5¢ yowie group ltd

Well... the remuneration report failed, as it requires 75% FOR...

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  1. 51 Posts.
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    Well... the remuneration report failed, as it requires 75% FOR (or technically less than 25% against). If we're keeping score, the rem report has failed for the last 3 years in a row.

    Clearly the Yowie Board has no regard to the purpose of s250U of the corporations act... which is to cause Boards to adjust their remuneration policy after the receipt of negative shareholder feedback. The audacity that they would put forward further free share issues to an NED, in the context of two consecutive (and now three) REM Resolution failures, shows just how out of touch they are.
 
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