Ann: Results of Annual General Meeting, page-2

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    Bob's Math Just died a Noisy Death

    Let's clear this fantasy up once and for all.

    Total shares on issue 6,600,000,000 (circa) for ease of explanations
    5% threshold (s249F right to call a meeting): 330,000 000 shares ~ remember Bob & Smitty did say -- a valid 249D was served!!

    Meaning, to legitimately issue a 249D/F, Bob needed 330 million verified, voting-entitled shares.
    Include now, the alleged 670 shareholders supporting and signed onto the JotForm

    Now look at the AGM Numbers:

    Remuneration Report - Against - 173.6 Million or 8% of votes cast
    10% Capacity Approval - Against - 191.9 million or 7.5% of votes cast,

    His alleged support is hundreds of millions short of statutory thresholds.
    Couldn't trigger a strike. Couldn't block a special resolution.
    It appears he couldn't call a meeting he bragged about,

    Bottom Line:
    Bob's "249F army" was a JotForm mirage - not even close to a shareholder movement.
    Shakes My Head
    Last edited by fooca: 06/11/25
 
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