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Uncertainty Looms Over Xref Limited’s Scheme Meeting Outcome

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Uncertainty Looms Over Xref Limited’s Scheme Meeting Outcome

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Xref Ltd ( (AU:XF1) ) has issued an announcement.

Xref Limited, a company listed on the Australian Securities Exchange (ASX: XF1), has announced the proxy results for its Scheme Meeting. The outcome of the meeting remains uncertain as a significant number of discretionary proxies have been directed to someone other than the Chair, and these votes are crucial for determining the result. Shareholders who submitted proxies can alter their votes by attending the meeting, ensuring their votes are counted instead of their proxies’. This situation suggests that the final decision regarding the scheme will depend on the participation at the meeting.

More about Xref Ltd

YTD Price Performance: -6.82%

Average Trading Volume: 998,357

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$39.36M

For an in-depth examination of XF1 stock, go to TipRanks’ Stock Analysis page.

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