Stephen Mayne

I mean, I've run 75 unsuccessful board tilts before this latest 11.

So that'll bring it up to 86.

So I'm probably going to settle in at 250 AGMs, EGMs a year and maybe 20, 25 board tilts.

So one board tilt for each 10 AGMs.

And it's just an influencing exercise.

So any company which does...

and institutional placement with no SPP for retail, automatic board tilt.

You know, Perth miners that don't run hybrid meetings that force you to fly to Perth, automatic board tilt.

And some of them are moving, like Elsight, this Israeli sort of defence company based in Perth.

They've agreed to run a hybrid after I lodged my nomination, but I'm still, I haven't pulled out because they've still got a history of a very discounted placement that diluted retail shareholders.

So I've said, if you commit to do a share purchase plan, I'll withdraw.

And they wouldn't do that.

So I said, okay, I'm going to continue with that run.

But yeah, look, it's quite effective in terms of moving market practice.

And people have to take it more seriously because words at an AGM, they're just words.

People can just sort of – but a contested election is an event.

It actually causes something to happen.

The board has to talk about it.

You fight about the words.

You have votes.