Sorry but before making statements you should know the subject first.
most of those ABSTAINED were holders like myself! We hold our shares in NON banking accounts which means in many cases that we do not hold VOTING rights. 3 of my accounts are as such.
MANY SMSF accounts are like this also. (depending!)
And INSTO holdings generally do not get used for voting much unless there is a T/O in action.
As for that 30% vote against PVDM? Yes interesting when combined with the Shorting campaign being done today. That would be to try to instill no confidence impression in Management and/or Peter.
Someone WANTS this company is my take on the situ. And playing dirty to get it.
Yak52
MANAGEMENT & BOARD need to start taking notice of these periodical Shorting Campaigns that have been running for a while now. The shareholders deserve this respect & its possibly playing into the hands of a T/O group.
ASX Announcements are the only way to counter Shorters of INSTO level campaigns.
Yak52
( I will add that this is a "Rule" of Playing the ASX Game and NOT of other Countries Exchanges! We are on the Australian ASX not USA!)
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