That’s a good pass

Just had a laugh at the results of the vote of bondholders on the demerger. It was:

  • 435,374,978 in favour (99.9993%)
  • 3,000 against (0.0007%)

I wonder who was the sole grumpy bondholder with $3,000 of bonds?

I suspect the share-holder vote will be a bit closer, but still a huge majority.