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[sharechat] FFS - CNIFP vote


From: "Viewpoint ." <viewpoint_@hotmail.com>
Date: Sat, 17 Aug 2002 15:33:18 +0800


So only 52% of shares were voted at the FFS meeting the other day.

Doesn't not voting mean that those shareholders were not convinced that the 
deal was worthwhile.

This means that 66% (the 52% who did not bother vote plus 14% of all 
shareholders who voted no) didn't want the deal to go ahead.

Hardly a close thing then. An overwhelming NO

Probably the institutions didn't bother vote. Wonder what all those 
individuals with hard earned money invested with these institutions think of 
them shirking their duty.

Or maybe a passive index tracking fund manager means just that.





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