Questions asked at AGMs/EGMs in 2025

January: 5 meetings (4 EGMs, 1 AGM)

1. Dotz Nano (DTZ): 3pm virtual EGM Melbourne time via Zoom on January 9 2025 to approve share issues. See notice of meeting. Market cap $48.5m. No protest votes and see package on 4 written questions submitted.

2. Turaco Gold (TCG): 10am virtual EGM Perth time via Zoom on January 10 2025 to approve a capital raising with a related party. See notice of meeting. Market cap $255m. See package on 4 questions submitted but ignored at 4 minute meeting.

3. NoviQtech (NVQ): 10am physical EGM in Sydney on January 21 2025 to approve share issuance. See notice of meeting. Market cap $28m. Was only shareholder attending in person and no protest votes. Was discussed on January 29 Money Cafe podcast.

4. Fleet Partners (FPR): 9am hybrid AGM in Sydney on January 21 2025 via Link. See notice of meeting. Market cap $630m. They withdrew the constitutional amendment to allow for virtual AGMs. No protest votes and provided shareholder voting numbers. See text of 7 questions asked.

5. Sigma Pharmaceutical (SIG): 2pm hybrid meeting at The Sofitel via Link on January 29 to approve 11 resolutions facilitating the back door listing of Chemist Warehouse. Was the only shareholder asking questions in the room. See notice of meeting. There were no material protest votes. See this Crikey write-up plus audio links to the 18 different exchanges.

February: 9 meetings (6 AGMs and 3 EGMs)

6. Xref Ltd (XF1): 4pm hybrid scheme meeting on February 3 in Sydney and via Zoom to approve Seek takeover. See notice of meeting. Market cap $40m. Very rare for a unanimously board endorsed scheme takeover to be voted down but that's what happened, causing Seek to walk away from the $40m deal. See voting results with only 67% in favour. I voted $500 worth of stock against. See text of 4 questions lodged on Zoom, only two of which were dealt with by the chair.

7. Nufarm (NUF): 11am hybrid AGM on February 4 at Laverton HQ via Computershare. See notice of meeting. Proxies disclosed early, no protest votes and see text of 5 questions submitted.

8. Jupiter Energy (JPR): 2pm hybrid EGM in Melbourne on February 5 2025 to approve 7 share issue resolutions including a placement approval refresh. See notice of meeting. Market cap $32m with stock at 2c. See voting results and meeting write-up after attended in person.

9. E&P Financial (EP1): 9am hybrid AGM in Melbourne and via Lumi on February 13, 2025 See notice of meeting. Was delisted on December 27, 2024. See text of 6 questions asked. No protest votes.

10. Technology One (TNE): 10.30am hybrid AGM in Brisbane on February 19, 2025. See notice of meeting. See package on 7 questions lodged at 75 minute meeting. Only protest 15.6% against chair Pat O'Sullivan's re-election and they embraced scheme-like voting disclosure.

11. Aristocrat Leisure: (ALL): 11am hybrid AGM in Sydney on February 20, 2025. See notice of meeting. Market cap hit record $44.7b on January 30. Biggest protest 23% against CEO LTI grant. See wrap of AGM action where asked 8 written questions.

12. Aspermont (ASP): 3pm Perth time hybrid AGM in Singapore via Zoom on February 25, 2025. See notice of meeting. Market cap $12.4m with stock at 0.5c. See text of 5 written questions asked at 30 minute meeting.

13. Gentrack (GTK): 10am virtual NZ time AGM via the Link platform on February 26, 2025. See notice of meeting. Market cap $1.24b. No protest votes and see package on 4 questions asked at 39 minute meeting.

14. Maas Group (MGH): 2pm Melbourne time virtual EGM via Link on February 28, 2025 to approve placement and board participation. See notice of meeting. Market cap $1.57b. See package on 4 questions asked at the meeting.

March: 3 meetings, all EGMs

15. Ixup Ltd (IXU): 11am virtual EGM Melbourne time on March 17, 2025 to deal with 16 resolutions including various share issues, a long overdue 20-for-1 share consolidation and a name change to Dataworks Group for gambling self-exclusion technology company which runs ACMA's BetStop program. Market cap $16.3m. Reported a $10.6m loss in 2023-24, lifting accumulated losses to $76m and leaving just $2.3m in net assets. No protest votes and see wrap on 5 questions asked at 22 minute meeting.

16. Ronin Resources (RON): 4pm virtual EGM Melbourne time via this Zoom link on March 24 to approve two equity issues. Market cap $7.8m. See text of 4 questions asked. No protest votes. Was mentioned in March 26 Money Cafe after the chair said Colombia's anti-coal government was not supporting development of its coal deposit, but if a Milei-style government like in Argentina was elected next year, that might all change.

17. Mayur Resources (MRL): 3pm virtual EGM on March 25 to approve $100m placement and name change to Pacific Lime and Cement. See notice of meeting and zoom link which requires prior registration. Market cap $144m. No protest votes. See text of 4 questions asked, including about Gerry Harvey's recent 6% investment.

April: 9 so far

18. Novonix (NVX): 9am hybrid AGM in Brisbane on April 2, 2025 via Link platform. Market cap $343m in Feb 2025. See notice of meeting. See wrap of action where lodged 7 questions at 48 minute meeting.

19. Bigtincan (BTH): 10am April 3 2025 hybrid scheme meeting via Computershare to approve latest version of $180m Vector takeover proposal. See wrap of action where lodged 3 questions at 16 minute meeting. An earlier competing scheme was voted down 4 months ago. See notice of meeting and voting results with 99% support from voted stock and 86% of voting shareholders. The proxies were disclosed early with the formal addresses.

20. Althea Group Holdings (AGH): 10am April 7 2025 virtual EGM Melbourne time via Computershare to approve 10 capital raising items, including placement and manager options. See notice of meeting. Market cap $11.8m. See text of 5 questions asked. Biggest protest 4.9% against manager options.

21. SG Fleet (SGF): went public with a non-binding offer from private equity firm PEP pitched at $3.50 a share on November 25 last year and this quickly morphed into a 128 page scheme implementation deed on December 4 at the same price, which valued the equity at $1.227 billion. This means investors who paid $1.85 a share in the 2014 IPO have done well. The scheme meeting was a virtual on April 8 at 3pm Sydney time. See wrap of meeting where lodged 8 written questions.

22. Scentre Group (SCG): 10am hybrid on April 9 2025 at the Wesley Centre in Sydney via Computershare. See notice of meeting. See text of 7 questions asked and voting results.

23. Quickstep Holdings (QHL): 1.30pm Melbourne time scheme meeting on April 14 2025 via Computershare. See scheme book. Market cap $40m. See text of 4 written questions asked at 32 minute meeting.

24. Flynn Gold (FG1): 10am Melbourne time virtual EGM via this Zoom link on April 16, 2025 to approve share issues. Market cap $7.2m. See text of 4 written questions asked at 32 minute meeting.

25. Micro-X (MX1): 11am EGM Melbourne time on April 16 2025 via Zoom and with voting via Computershare to approve placement and share issues to 4 individual directors. Market cap $40m. See text of 4 questions lodged at 21 minute meeting.

26. De Grey Mining (DEG): 2pm hybrid scheme meeting in Perth via Zoom on April 16 to approve $6.2 billion Northern Star takeover. See 452 page scheme book. See wrap of the action where asked 1 question at 30 minute meeting.

27. 4DS Memory (4DS): 10am Perth time virtual EGM on April 17 via Automic and Zoom to approve 5 share issue resolutions. Big protests of 31-35% against 4 of the 5 resolutions. See text of 5 written questions submitted. Market cap $62m.

Copyright © 2025 The Mayne Report. All rights reserved

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