PPRuNe Forums - View Single Post - Fallacy or Fact - Qantas International losses
Old 27th Jul 2011, 20:49
  #98 (permalink)  
Bazzamundi
 
Join Date: Nov 2005
Location: Australia
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Just done a quick google search with regard to remuneration laws. It seems that the new rules that came into effect on the 1st of July this year could have some bearing if every staff member who holds shares votes against them two separate times. If this happens, the board gets spilled:

Shareholder

Could be worth a bit more research and reading. 25% of the total people who cast votes is the magic number, not 25% of the total shares.
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