Australian Shareholders' Association
ihttps://www.australianshareholders.com.au/ Australian Shareholders' Association is an Australian not-for-profit organisation which advocates for the rights of retail shareholders. Founded in 1960 in Sydney, ASA provides educational resources and professional learning opportunities for its members, who are largely independent small-scale investors.
ASA has a dedicated team of company monitors who meet with company chairs and directors to discuss issues of importance to retail shareholders. Based on our board engagement and independent analysis of the annual report and financial statements, our monitors prepare voting intentions, having regard to ASA's Voting and engagement guidelines, and they attend AGMs on behalf of our members and retail shareholders.
Voting intentions are published on our website generally two weeks ahead of the AGM (available to members only). All shareholders are welcome to nominate ASA as their proxy. This applies to both members and non-members, irrespective of whether they attend a company meeting as shareholders.
Our company monitors are all ASA member volunteers and participate in annual training and regular monitors' meetings.
We encourage all shareholders to attend company meetings and have prepared a handy Guide to shareholders attending online AGMs during COVID-19
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Hi Strawman Team,
I imagine lots of you are beginning to receive Proxy and Voting Instruction forms for upcoming AGMs.
My question to the crowd is as follows:
As share holders we are often voting to agree to directors/ employees receiving future exercisable options in said company. These expire at various future time points 12 months +.
What is everyones experience with micro cap investments - are these future option figures being offered to directors and employees pie in the sky amounts? realistic targets? guidance - a belief that the predicted companies share price will easily reach this amount?
I am always watching this amount in notices. The SP option is usually well in excess of the current share price of my micro and mid cap investments.
I would really value others insights and experience here.