Bucket list of 200 ASX listed companies where yet to attend AGM

3P Learning (3PL): 13% against director Craig Coleman in 2023. Holds physical AGMs in Parramatta in November. Market cap $173m in September 2025. Accumulated losses of $30.7m and net assets of $194m so have added value through Mathletics and the like. Executive chairman Matthew Sandblom owns almost 50%. Noms close on Sept 29 for Nov 18 AGM. Don't need to be a shareholder to nominate under constitution which required noms between 35 and 90 business days before meeting.

4D Medical (4DX): dropped a $36.2m last day loss which lifted accumulated losses to $152m. Net assets are $70.9m and the market cap soared to $850m by September 2025. Was a physical meeting at Melbourne Uni on November 20, 2024. Copped a first strike in 2024 because so much of the stock was excluded from voting. See interesting AFR feature on founder and major shareholder Dr Andreas Fouras.

Actinogen (ACW): dropped a $13m last day loss which lifted accumulated losses to $81.7m. Net assets are $19.7m and the market cap is $101m in September 2025. Ran a physical Sydney AGM on Nov 17, 2023 and will be on November 19 in 2025. Has 5,425 shareholders and Malcolm McComas is on the board.

Adneo Ltd (formerly AD1 Holdings) (AD1): 2pm virtual in Melbourne via zoom on Nov 29, 2024. See notice of meeting. Nicholas Smedley a director. Only protest 8% against extra placement capacity. Did the same last day effort in 2023. Market cap only $14m in September 2025. Has $41m in accumulated losses and negative equity of $2.2m.

Adairs (ADH): 11am physical meeting in Melbourne. See notice of meeting. Market cap $471m in early 2025 so performing well. Adairs Group has increased its sales to $618.1 million, a 6.5 per cent increase year-on-year, driven by record sales at Adairs and growth in its online brand Mocka. Underlying earnings before interest and tax for those two brands increased by 21.2 per cent and 21.1 per cent, respectively.

Adveritus (AV1), June 2025: reckons it received "overwhelming support" for its "over-subscribed" $8.5m big end of town selective placement. Thoroughly underwhelmed by size of the discount and lack of any SPP for retail. Stock has since soared and now capitalised at $147m in September 2025. Ran a physical AGM in Sydney on November 18, 2024.

AF Legal (AFL): the struggling listed law firm dropped a $1.6m last day profit which reduced accumulated losses to $122.7m. Net assets are $9.9m and the market cap was $13m with stock at 3c in early 2025. Held a hybrid in Brisbane on Nov 14, 2023.

# Ainsworth Gaming Technology (AGI): physical only meeting always held at the Bankstown Sports Club in Sydney in May 2024. See notice of meeting. Market cap $405m in May 2024. The fail to publish their constitution or a transcript/archive of AGM webcast when they do publish transcripts of the half yearly earnings call.

Alpha HPA (A4N): aluminium manufacturer which cracked the ASX300 and insists on having physical Sydney AGMS late in the main season. See 2023 notice of meeting. Dropped a $25m last day loss which lifted accumulated losses to $105.2m. Net assets are $247.2m and the market cap was $971m in early 2025 so they're doing something right. Joined the placement only shame file in November 2023 with a $40 million placement at 73c in November 2023 with no follow up SPP. Market cap was almost $1 billion in June 2025 with the stock at 85c so retail have missed out on the upside. Also refuses to run hybrid AGMs where this issue could be raised.Wide open register and about 6,000 shareholders. TILT?

Amaero International (3DA): the US-focused additives producer did a $25m placement at 35c, a 4% discount to the previous close, with no sign of an SPP for its circa 3,000 retail shareholders. Market cap $190m in early 2025.

Amplitude Energy (AEL): floated in 2002 when it raised $7.5m at 20c. Market cap was $500m in Feb 2025. Held a physical AGM in November 2024 and Gary Gray is on the board.

Antipa Metals (AZY): Market cap $382m the night before preso. Released these 52 slides 3 days before the Noosa conference. Did a $16m placement in December 2024 with no SPP. Some modest protest votes via Computershare last year when ran a physical AGM in Perth.

ARB Corp (ARB), $2.5b: listed in 1987. Great organic Australian success story and still run by the Brown family which launched the business in 1975 and retain a 6%. Have only recently surrendered chair but remain CEO. Foiled by their refusal to embrace hybrid AGMs.

Argo Investments (ARG): Australia's second biggest LIC insists on running dinosaur physical AGMs in Adelaide during the main season each year. See notice of meeting.

Arovella Therapeutics (ALA): Market cap $180m in early 2025. Ran a fully virtual meeting on November 10 in 2023.

Argosy Minerals (AGY): Physical meeting in Perth in May 2024. See notice of meeting. Market cap crashed from $500m to $42m in Jan 2025 with stock at 2c. Accumulated losses $69m and claims net equity of $94m.

Articore (ATG): 10am virtual meeting on October 24, 2024. See notice of meeting. Market cap $74m in early 2025.

Artrya (AYA): ran a 10am physical AGM in Perth on November 28, 2024. See notice of meeting. Same again in 2025. This the coronary heart disease focused company also announced in September 2025 a $75m two tranche placement at $2.05, a 6% discount to the previous close of $2.18, followed by a $5m SPP at the placement price with no secondary VWAP pricing. Petra Capital took a 5% cash fee with provision for an additional 1% bonus. The stock had soared to $2.40 by October 3 giving it a market cap of $360m. The $60m first tranche settled on September 15 and there will be a physical EGM in Perth to approve the $15m second tranche on October 24. The original SPP closing date was October 3 but on September 25 it announced this had been brought forward to September 26 with details on the final acceptance level to come but they plan to stick close to the unfair $5m cap, which they did even after $8.7m came through the door. The latest annual report says it has around 1,300 retail holders.

Aspen Group (APZ): announced a $70.2m placement in May 2025, followed by a skinny $4m SPP which wasn't expanded even when $18m came through the door. The pricing was $2.90 per share and the announcement failed to detail the discount. The offer was managed by MST and Aitken Mount. Stock was in the money throughout the offer period and therefore the SPP was swamped with $18m in applications. The scale back policy was pro-rata based on receiving 6.93% of your existing holding or the equivalent of 1-for-14.4, although there was a minimum allocation of 290 shares which covered everyone up to 4,184 shares or shareholding worth $15,271 based on the June 10 price of $3.65. To get the full $30,000 allocation you needed to own 148,953 shares. There are only 104 shareholders with more than 100,000 shares which is a reminder that you only need 134 people to stump up 30k and you've already raised more than $4 million. Simply appalling that this $4 million SPP cap wasn't lifted at all for the 1762 who could have theoretically applied for $53 million worth of stock, particularly considering it is capitalised at more than $800 million.

AUB Group (AUB): Sydney-based insurance broker with a market cap exceeding $3 billion in 2024 after latest acquisition and capital raising. Have a history of doing physical AGMs and ran for their board in 2024 without attending the physical meeting in Sydney.

Aussie Broadband (ABB): 10.30am hybrid in Melbourne on October 24, 2024. See notice of meeting. The market cap was up to $1 billion by January 2025.

Austal (ASB): the big Perth-based ship building company had its physical AGMs in October at the Fremantle Sailing Club. See 2023 notice of meeting.

Austco Health (AHC): 10am virtual meeting on October 31, 2024 for the Port Melb-based company capitalised at $112m in early 2025. See notice of meeting.

Australian Agriculture (AAC): 10am on July 25, 2024. In 2023 they ran a physical AGM in Brisbane with a webcast but no live online participation. Have requested a proper hybrid in 2024 and they refused. Market cap circa $840m in early 2025.

Australian Clinical Labs (ACL): bought in last year but then sold again. Last year was fully virtual in October with no protest votes. See notice of meeting. Year end market cap $603m. No webcast archive just chair and CEO addresses from last two years here. Have requested full webcast archive in late 2022 email.

Axiom Animal Health (AHX): chaired by Andrew Vizard and slotted in Bruce Dixon as acting CEO in June 2025. Market cap $71m.

Bailador Technology (BTI): Poor effort by David Kirk and Bailador to go with a dinosaur physical AGM in Sydney on October 16, 2025. Market cap $185m.

Bank of Queensland (BOQ): held a physical AGM in 2023 and did an earlier badly structured capital raising which diluted retail. Same again with dinosaur premature physical AGM in December 2024.

Bellevue Gold (BGL): Nov 17, 2023: held a physical AGM in Perth despite having a market cap above $2 billion at the time, but this has now dropped to around $1.2b in early 2025. See notice of meeting.

Biome (BIO): emerging bio-tech profiled on this Intelligent Investor podcast. Market cap $118m in early 2025.

Black Cat Syndicate (BC8): have done 4 placements with no SPP. Here is the detail from latest in March 2025: went into a trading halt at 9.11am and then The AFR's Street Talk column revealed some details at 12.12pm on March 12. The $65m at 76c, an 11% discount to the previous close of 86c, was right but didn't even say what the structure was. Ended up informing the ASX at 9.26am on March 13 that it was a two-stage placement with the residual $12m needing shareholder approval at an EGM on May 6. No SPP for retail so they've been added to this “placement only shame file”. Petra Capital managed the offer for an excessive 6% fee.

Botanix Pharmaceuticals (BOT), $90.8m: dropped a $13.7m last day loss which lifted accumulated losses to $90.8m. Net assets are $108.7m and the market cap is $633m. Held a physical AGM in Perth on November 8 2023. The Philadelphia-based listed developer of treatments for skin infections and diseases, announced a $40m placement at 33c at 9.50am on April 15, 2025. The AFR's Street Talk column broke the story at 11.03am the previous day, after it went into a trading halt citing a capital raising at 9.49am that day. The previous close was 35c so the pricing was a 7% discount. No SPP so they've been added to this “placement only shame file”. There were big rem protests at the 2024 AGM, a physical affair in Perth which included approval for a previous placement.

Bowen Coking Coal (BCB): capped at $250m with the backing of Rich Listers Brian Flannery and Hans Mende. Did a badly structured capital raising in December 2023 written up in this Intelligent Investor column. The last AGM was on Oct 23 in Brisbane with a livestream but no online participation.

Brisbane Broncos: May 17, 10am: physical meeting at Broncos League club. Questions can be emailed 5 days in advance for this News Corp controlled company. See notice of meeting.

Bubs Australia (BUB): Biden intervention to source baby milk supply. Market cap crashed to $89m in early 2025. Next AGM late November 2025. Lots of protests across the board in 2022.

Burgundy Diamond Mines (BDM): Physical only AGM at 11am in Sydney on May 21, 2024 - see notice of meeting. Voting results delivered 20% against board fee cap rise and 30% against placement capacity expansion. Market cap $228m on AGM day. Perth-based Canadian diamond miner which dropped a $10m last day profit which reduced accumulated losses to $39m. Net assets are $619.6m and the market cap is $192m with stock at 12c so needs more write-downs.

Buru Energy (BRU): May 19, 10am WST. Hybrid with physical meeting at Celtic Club in Perth. See notice of meeting. Market cap $77m having come off a lot.

Cann Group (CAN), $169.5m: dropped a whopping $51.2m last day loss which lifted accumulated losses to $169.5m. Net assets are $13.9m and the market cap is $21m. Ran a physical AGM in Melbourne in 2023 so next AGM October 2025.

Capricorn Metals (CMM): November 29, 2023: the gold miner was capitalised at $1.7 billion in June 2024 but held a physical AGM at the Perth Convention Centre last year. See notice of meeting. Same again in 2024. See notice of meeting. Market cap $2.5b. Have done at least 2 placements with no SPP so a definite TILT candidate.

Capstone Copper (CSC): admitted to the ASX200 in September 2024. Last AGM was on May 3, 2024 in Vancouver. Market cap has soared to $9.4b in early 2025.

Carbonxt (CG1), $102m: dropped a $8.1m last day loss which lifted accumulated losses to $102m. Net assets are $10.7m and the market cap is $26.6m.

Carlton Investments (CIN): 10am physical meeting in Sydney on October 23, 2024. See notice of meeting. Market cap $800m.

Catalyst Metals (CYL): The AFR's Street Talk column flagged a $130m equity raising at 9.22am on May 21, shortly after it went into a trading halt at 9.06am. The stock was at $6.64 on May 23, giving it a market cap of $1.5 billion. The $150m placement at $6 was finally announced at 9.23am on May 23. The stock fell 29c to $6.35 when trading resumed on May 23. Cannacord, Argonaut and Taylor Collinson were named brokers on the deal. No SPP so they've been added to this “placement only shame file”.

Chalice Mining (CHN): ran a dinosaur 9am physical meeting in Perth on November 21, 2024. See notice of meeting. Market cap had soared to $950m by October 14, 2025.

Charter Hall: November 16, 2023: 2.30pm physical meeting at level 20, 1 Martin Place in Sydney - see notice of meeting.

Clarity Pharmaceutical (CU6): held a physical meeting in Sydney in late November 2023. Cracked the ASX300 in September 2024.

ClearVue Technologies (CPV), $39m: Perth-based glass manufacturer which dropped a hefty $12.5m loss after the market closed on the last day of the season, lifting accumulated losses to $39m. Claims to have net assets of $19m and the market cap is a healthy $102m so it's well regarded. Ran a physical AGM in Perth on November 30, 2023.

Clinuvel Pharmaceutical (CUV): a remuneration report strike in 2022 after heavy Joe Aston coverage. They've failed to deliver a hybrid AGM format for years despite offering a webcast. Next AGM October 2025. Was 18% rem protest in 2022 and 23% against director Brenda Shanahan. See webcast of 2 hour 2022 AGM. Market cap $590m in early 2025.

Compumedics (CMP): 10.30am hybrid in Abbottsford via Zoom on October 31, 2024 so should attend in 2025. See notice of meeting. Market cap $50m in early 2025.

Coronado Steel (CRN): May 26, 10am. Online meeting. Canadian based company with $3.4b market cap. Owns Curragh coal mine in Bowen Basin. See notice of meeting.

Cyclopharm (CYC), May 17, 11.30am: fully virtual meeting. See notice of meeting. Capped at $177m in Jan 2024.

Dateline Resources (DTR): 11.45am physical AGM in Sydney on last possible day in November 2025. Market cap has soared to $1.26 billion this year.

Deterra Royalties (DRR): a physical meeting in Perth starting at 2pm on October 24, 2024. See notice of meeting. Market cap is $2 billion.

Develop Global (DVP), June 2025: the emerging gold miner went into a trading halt at 9.47am on June 24 and then The AFR's Street Talk column reported news of a $180m placement at 10.57am on June 24. The formal announcement came at 10.14am on June 25. The pricing was $4.50, a 6.1% discount to the previous close. Argonaut and Aitkin Mount ran the raising. They've been added to this “placement only shame file”.

DigitalX (DCC), $48.3m: the Perth-based crypto fund delivered a last day $4.8m loss, lifting accumulated losses to $48.3m. Claims to have $37m of net assets broadly matching the $35m market cap with the stock at 4c. Ran a physical AGM on Nov 23, 2023 in Sydney and did it again in 2024.

Dubber Corp (DUB), $327m: dropped a $40.7m last day loss which lifted accumulated losses to $327m. Net assets are $17.5m and the market cap is $32m with stock at 3c.

Duxton Farms (DBF): 10am physical AGM in North Adelaide on the last possible day, November 29, 2024. See notice of meeting. Market cap $58m. No protest votes.

EBOS (EBO): failed to buy Greencross in November 2023 - see announcement. Ran a hybrid out of Auckland on October 24, 2023 and did the same via Computershare in October 2024.

# Electro Optic Systems (EOS): May 25, 9.30am. Hybrid with physical component at Fullerton Hotel in Sydney. See notice of meeting. Market cap $181m with stock at $1.03.

Elevra Lithium: Sayona Mining completed a significant all-stock merger with Piedmont Lithium in late August 2025, forming a new entity named Elevra Lithium

Emerald Resources (EMR): runs a gold mine in Cambodia and made a net profit of $66m last year. AGM was a physical on Nov 29 in Perth in 2023. See notice of meeting. Just cracked ASX300 in 2023, then ASX200 in 2025 with a market cap of $3.2b.

Energy Transition Minerals (ETC): it signed up the boutique advisory firm "Julie Bishop and Partners" a "strategic investor" to a broadly named company called "Energy Transition Minerals" (ETM) which has a market cap of $101m with the stock at 7c.

EnergyOne (EOL): 10am Sydney meeting. See notice of meeting. Andrew Bonwick CEO. Market cap $450m. AGM access arrangements a bit unusual. Ian Ferrier pocketed a tasty $28m selling 2m of his EnergyOne shares in August 2025. He retained a further 5.3m worth $76m at the time based on the closing price of $14.31. Sure beats starting Ferrier Hodgson or chairing Goodman Group for many years, our biggest biggest property company:

EQ Resources (EQR): On September 3, 2025 the Australian and Spanish tungsten outfit announced a $22.5m placement at 3.2c, a hefty discount to the previous close of 4.1c, with US hedge fund Oaktree in the thick of the action, which explains why the placement was in the money and stock resumed at 3.7c. They don't lose many. The ticket clippers Cannacord and Henslow Pty Ltd (who's that?) got the usual excessive 6% fee, plus will be issued options as part of the two-tranche placement that will require shareholder approval. No SPP so they've been added to this “placement only shame file”. The Melbourne-based company ran a last day of the season virtual AGM on November 29, 2024.

Euroz Hartleys: biggest Perth focused broker with a market cap of $179m at the end of 2022. The most recent AGM was in November and a physical only affair. See notice of meeting. They have 2500 shareholders and barely any instos.

FBR Ltd (FBR) $114.2m: dropped a $27.8m last day loss which lifted accumulated losses to $114.2m. Net assets are $61m and the market cap is $187m despite shares being at 3c.

Fenix Resources (FEX): 10am physical meeting in Perth. November 22, 2024. Market cap was above $330m in October 2025 as the gold price boomed.

Findi (FND): The ATM operator withy Nicholas Smedley on the board raised $40m in a placement in March 2025 followed by a "strictly capped" fixed price $5m SPP for retail investors. Market cap around $225m. The stock resumed trading 5% higher at $4.80, so investors liked the raise and plan to float part of its business in India. Ran a physical AGM in Brisbane in August 2025.

Firefly Metals (FFM): EGM in West Perth on May 20, 2024 at 8.30am on various capital raising proposals - see notice of meeting. Market cap $388m in late May 2024. Has a history of questionable capital raisings.

First Graphene (FGR): dropped a $5.8m last day loss which lifted accumulated losses to $111.6m. Net assets are $6.1m and the market cap is $33m. These company which have destroyed so much shareholder capital should be questioned.

Frontier Digital Ventures (FDV): May 17, 1pm: fully online. See notice of meeting. Market cap $370m. Released proxies ahead of AGM. Market cap $200m in Jan 2024.

Frontier Energy (FHE), $26.5m: Perth-based company battling away on solar and battery projects but delivered a last day loss of $2.2m in August 2024 lifting accumulated losses to $26.5m. However, claimed to have $81m in net assets before launching a $40m placement capital raising in late August. Market cap was $112m so is hanging in there. AGM is in May each year. Did a raising where it announced firm commitments for a $40m placement at 25c with no plans for a follow-on SPP from the Perth-based Mark McGowan chaired aspiring renewables company. The first $16.8m tranche was unconditional whilst the second $23.2m tranche required shareholder approval at an EGM originally scheduled for October 8, although this meeting was subsequently cancelled along with tranche 2 after it failed to receive expected capacity credits, which triggered funding challenges. The pricing was a massive discount to the 46c closing price referenced in this AFR Street Talk column leaked ahead of time. The stock had crashed to 12c by October 4, giving it a market cap of $56.5m, partly due to this disappointing last day of the season $3.3m half year loss.

Global Traffic Network (GTN): stock has underperformed since private equity exit. Next AGM is November 25 and Peter Tonagh is the chair. Market cap $116m and has been doing better into 2025. Ran a Sydney physical AGM in October 2024 and currently under takeover.

Graincorp (GNC): They ran a physical meeting in Sydney in on February 16, 2024. See notice of meeting. Never previously attended.

Grange Resources (GRR): May 11, 2022: physical meeting in Burnie, Tasmania. See notice of meeting. Market cap $492m with shares at 44c.

GTN Ltd (GTN): 10am physical EGM in Sydney to approve single resolution on a capital return. Market cap $124m. Latest balance sheet shows $216.7m of accumulated losses and net assets of $219m. Is a global supplier of traffic information and the subject of some activist shareholder attention as this 2024 AFR piece explains.

GWA (GWA): 10.30am physical meeting in Brisbane. See notice of meeting. Market cap $644m.

Hastings Technology (HAS): 11am dinosaur physical AGM in Perth on the last possible day of Friday, November 28, 2025. See 105 page notice of meeting. Copped two circa 10% remuneration protest votes. Market cap $125m after a boomer year.

Helloworld (HLO): 10am virtual meeting with Martin Pakula on the board - see 2023 notice of meeting. Market cap $460m. Missed again in 2024, despite being a shareholder.

Highcom (HCL), $23.4m: Canberra-based body armour manufacturer which dropped a $12m loss after the market close on the last day possible in August 2024, lifting accumulated losses to $23.4m. Reports net assets of $31m, which is mainly cash, and had a market cap of $23m, suggesting concerns about more losses.

Horizon Minerals (HRZ): 2pm physical AGM in Perth on last possible day of November 28, 2025 with big across the board protest votes peaking at 31% against an increase in the NED fee cap via Computershare for the Perth-based gold miner capped at $225m. No early proxy disclosure in these formal addresses.

HUB24 (HUB): broke into the ASX100 in September 2024 and market cap had hit $5.7b by early 2025. 2024 hybrid AGM was held on November 21. Ran a hybrid out of Sydney in 2023 and did it again in 2024 but got jammed despite being on register.

Imdex (IMD): did a badly structured capital raising in early 2023 and market cap had reached $1.2 billion by early 2025. Its recent AGMs have all been physical gatherings in October with no webcast available afterwards. Bought 229 at $2.19 on January 9, 2008. Bought 223 at $2.25 on Jan 8, 2008. Sold 400 at $2.25 on February 1, 2008 so lost brokerage only. Have retained residual 52 shares ever since.

Immutep (IMM): comprehensive slide pack accompanying $100m raising which comprised a $72m placement at 38c, a 15.6% discount to the previous close of 45c and a 1-for-16 non-renounceable at 38c with retail shareholders limited to overs of $50,000 or 100% of entitlement, which ever is higher. The $50,000 option is a rare and welcome innovation that benefits smaller holders. The funds are to support its clinical trials in a venture with US giant Merck. The 2023 AGM was on October 24 in Sydney with a webcast but no online voting or questions.

Imricor Medical Systems (IMR): May 4, 2024: virtual meeting for US based company when it should be a hybrid. See notice of meeting. Market cap had soared to $350m by early 2025. Record date will be 2 months ahead of AGM.

Infomedia (IFM): market cap $530m in early 2025 so has $350m+ of value with net assets of $150m. Private equity still have 20% and next AGM November 2025. Chair Bart Vogel keeps running physical meetings in Sydney. Link provided a webcast but no ability to ask online questions and no archive of old meeting available either. Co Sec advised there were no questions at the 2022 AGM.

Ingenia (INA): November 17, 2023: Sydney physical meeting at The Rocks - see notice of meeting. Same again in 2024 on November 14. See notice of meeting. Market cap $2 billion. Plenty of issues with its rapid growth and recent steep prices increases for occupants of its accommodation facilities.

Intelligent Monitoring Group (IMB), $90.3m: Perth-based security system company that delivered a $3.5m last day loss in 2023-24 which lifted accumulated losses to $90.3m. Claims to have net assets of $27.5m but with a market cap of $176m it has actually created real value overall.

IODM (IOD), $20.4m: dropped a $3.1m last day loss which lifted accumulated losses to $20.4m. Net assets are -840k and the market cap is $107m so lots of value created.

IPD Group (IPG): $65 million raising to fund a $101 million cables acquisition off listed company Excelsior Capital (ECL). The raising comprises a $40 million placement and a $25 million 1-for-13.65 non-renounceable at $3.93, a 6.4% discount to the previous close of $4.20. IPD shares had dipped to $3.87 by early 2025, giving it a market cap of $400m. Bell Potter was the sole under-writer and retail overs have been limited to 100% of entitlement in the $7.7 million retail offer. The next AGM will be November 2025 and the 2023 effort was a physical meeting.

IperionX (IPX): July 2024: ran a physical meeting in Perth on July 3, 2024, to approve a placement. Market cap has soared to $1.68b by early 2025. Did the same with its AGM in Perth on November 22, 2023. Is attempting to deliver a low cost US titanium supply chain and receiving plenty of government support along the way.

IVE Group (IGL): the printing giant seems to be doing okay since buying the assets of the old PMP, its chief rival, from creditors. Market cap $325m in early 2025 and this is a very upbeat AGM address from the exec chair. A shame it run physical only meetings in Sydney.

Judo Capital (JDO): sadly runs physical AGMs in Melbourne when it has a market cap of $2 billion. Yet to attend. See 2023 notice of meeting.

Kelsian (KLS): Adelaide-based bus and boat operator which is holding a physical AGM in 2023 despite having a market cap of $870m in early 2025.

Lark Distilling (LRK): unveiled an unusual $22.5m raising comprising a $6.5m placement at 85c, a 1.7% discount to the previous close of 86c, plus a $15m conditional placement to certain directors and new major shareholder Seppelts, subject to shareholder approval at an August 30 2024 physical EGM in Melbourne. Shifted to a hybrid AGM in October 2024 and stock has been performing well of late. See notice of meeting.

Life360 (360): dual listed California-based company with a $5.1 billion market cap in early 2025. Runs virtual meetings with early record date so have already bought in. See notice of 2024 meeting on May 20. Sadly, the control number Computershare sent through didn't work so never got to lob any questions. They don't publish past AGM webcasts. Biggest protest in 2025 24% against rem report and also some modest director protests.

Light & Wonder (LNW): held a hybrid on June 5, 2024.

Macquarie Technology (MAQ): ran a 9am physical AGM in Sydney on the last possible day in 2024. See notice of meeting. Market cap $2.1b. Just two items and no protest votes. Were also last day laggards in 2024.

Mader Group (MAD): held a physical only AGM at 9am on November 23, 2023 at Perth airport - see notice of meeting. Market cap was $1.3 billion by mid 2024. Controlled by a Rich Lister.

Maggie Beer Holdings (MBH): the premium foods group dropped a $28.2m 2023-24 last day loss at 10.10am, which lifted accumulated losses to $111.7m. Claimed net assets of $57m compared with a market cap of $23m with the stock at 6c.

Metal Powder Works (MPW), September 2025: $15m placement at $3.50, a 5.1% discount to the previous close of $3.66. Cannacord clipped the ticket for a hefty 6% cash fee. Market cap $621m with the stock having risen to $4.21 by September 15. No SPP so they've been added to this “placement only shame file”. Used to be KiTIG which had a physical AGM in Perth in November 2024.

Metro Mining (MMI): Physical AGM at 11am in Brisbane on May 21, 2024 - see notice of meeting. Market cap $244m on AGM day. No material protest votes.

Murray Cod Australia, $33.5m: produced a last day laggards loss of $6m on August 30, 2024 but with a market cap of $121m against net assets of $91m, the $33.5m in accumulated losses are okay. Physical AGM was held in Griffith.

Next Science (NXS): May 27, 10am: hybrid meeting with physical component at level 5, 1 Margaret St, Sydney. Market cap $106m. See notice of meeting. A listed biotech firm working up remedies for infections from Sydney HQ and in Florida. After the last day laggard loss of $US5.85m, it had $125m in accumulated losses, just $US7m of book equity but a market cap of $A58m. Hope?

Nick Scali (NCK): 11am physical meeting in North Sydney during the main 2024 season. See notice of meeting.

NRW Holdings (NWH): suffered a 50% rem strike at 2022 AGM but stock has been soaring over past 5 years ever since it pulled off a discount acquisition of the Golding business in Queensland private equity outfit CHAMP - see Eureka Report write-up at the time. Next AGM will be in November 2025.

Noble Oak Life (NOL), $71.4m: dropped a $9.3m last day profit which reduced accumulated losses to $26m. Net assets are $71.4m and the market cap is $135m so they've actually created shareholder value so far. They ran a hybrid AGM on November 26 in 2024.

OOH Media (OML): only offered a one way webcast at its 2024 AGM held in Sydney on May 16.

Optiscan (OIL), $75.2m: dropped a $6m last day loss which lifted accumulated losses to $75.2m. Net assets are $13.9m and the market cap is $163m.

Ora Banda Mining (OBM): bought back in 2007 when traded as Monarch Gold. Had 3 name changes and still trades today as Ora Banda Mining with a June 2025 market cap of $1.75 billion. Well played. Peter Mansell is on the board. Don't own and never been to AGM.

PainCheck (PCK), $56.9m: dropped a $8.3m last day loss which lifted accumulated losses to $56.9m. Net assets are $1.29m and the market cap is $59m.

Pancontinental Energy (PCL): 1pm physical in Perth on Nov 29, 2024. See notice of meeting. Market cap $122m. Biggest protest 7% against rem.

Paradigm Biopharmaceuticals (PAR), $220.7m: dropped a $58.6m last day loss which lifted accumulated losses to $220.7m. Net assets are $23.8m and the market cap is $89m.

Paragon Care (PGC): held a fully virtual AGM in November 2023 and have just completed a merger which will more than double the market cap to more than $400 million.

Peet (PPC): 10am physical meeting in Perth. See notice of meeting. Market cap $840m.

Perseus Mining (PRU): Raised $3.5m in a 2004 float at 20c. Has prospered with gold projects in unfashionable Sudan, Ivory Coast and Ghana. Largest shareholders are index player Van Eck and T Rowe Price. Bought 313 at $1.58 on February 5, 2010. Sold 303 at $1.97 on March 17, 2010 for $60 profit. Have retained 10 shares ever since with no capital raising activity. Yet to attend AGM despite $3.5b market cap at end of 2024.

Peter Warren Automotive (PWR): October 31, 2023. Went to the trouble of hiring Link to delivers its webcast but then banned online voting and questions for some reason - see notice of meeting. Raised $260m at $2.90 in April 2021 but stock had crashed to below $1.80 by June 2024.

PharmAust (PAA), $64m: Melbourne-based company aiming to tackle MND but dropped a last day loss of $7.7m which lifted accumulated losses to $64m. Might only have net assets of $10.3m but the market cap is $87m so investors see hope and value.

Pioneer Credit (PNC), $80.6m: dropped a $10.3m last day loss which lifted accumulated losses to $80.6m. Net assets are $44.2m and the market cap is $76m. Second biggest player in the market for second hand debt after Credit Corp.

PM Global Opportunities Fund (PGF): 1pm physical meeting in Sydney. See notice of meeting. Market cap $1 billion.

Pointerra, $24m: the 3D printing company lost $5.2m in 2023-34, has $24m in accumulated losses & reports 668k of negative equity. But the market cap is $52.3m. A winner!

Predictive Discovery (PDI), $66m: dropped a $10m loss on September 4, 2024 (5 days late) which lifted accumulated losses to $66m. Net assets of $170m against a market cap of $517m so they've clearly got great prospects.

Prescient Therapeutics (PTX): was all set to attend 11am hybrid AGM in Melbourne at FB Rice, Level 33, 477 Collins and via Zoom on October 14, 2025 but the Baby Bunting physical AGM up the road took longer than expected so I missed it. Will aim for 2026. Market cap $43m after years of poor performance.

Prophesy International (PRO): 10am virtual AGM Adelaide time on November 29 2024 via Computershare platform. See notice of meeting. Software outfit with $55m market cap. 10% against rem and 14% against extra 10% placement capacity.

PYC Therapeutics (PYC): announced a non-under-written 1-for-4 at 8c to raise a maximum of $74.6m. Chair Alan Tribe will take up his full $24.6m entitlement but there are no overs for retail shareholders. However, under S615 of the Corps Act, the directors have given Euroz Hartley 3 months to place any shortfall at no less than the 8c offer price and any premium achieved will be returned to the non-participants. There are around 3,200 retail shareholders. Went into the raising with 3.7 billion shares. Time for a 10-for-1 consolidation, perhaps? Market cap $317m based on 8c going into the raising. Claims to only have net equity of $30m in Feb 2024 accounts after accumulating losses of $133.2m. The market is clearly valuing the potential of its drug developments.

Quantum Graphite (QGL): noon virtual AGM on the last possible day in November 2025 via Link platform for the Melbourne-based company with $60m in accumulated losses, net assets of $14.7m and a market cap of $150m at AGM time. Biggest protest 11.7% against extra placement capacity.

Queensland Pacific Metals (QPM): 11am physical meeting in Brisbane. See notice of meeting. Market cap $90m.

Radiopharm Theranostics (RAD), $111.3m: dropped a $47.9m last day loss which lifted accumulated losses to $111.3m. Net assets are $27.3m and the market cap is $70m.

Rand Mining (RND): 10am physical meeting in Kalgoorlie on Nov 29, 2024. See notice of meeting. Market cap $108m.No protest votes.

Reef Casino Trust (RCT): May 27, 2pm. The owner of the Cairns Casino keeps holding physical only meetings on site but usually offers some special accommodation and dining deals to unitholders. See notice of meeting. Market cap $153m.

Robex Resources (RXR): only listed in June 2025 but the market cap had powered up to $1.4 billion by December 2025.

Ryman Healthcare (RYM): listed on the ASX on October 1, 2025 and first AGM as an ASX listed entity will by in July 2026.

Shine Justice (SHJ): October 26, 2023: noon start in Brisbane and did the same with a physical only meeting in 2024. See notice of meeting. Market cap $150m.

SiteMinder (SDR), $632.8m: dropped a $25.2m last day loss which lifted accumulated losses to $632.8m. Net assets are $64.9m and the market cap was $1.6 billion in early 2025. Held a hybrid meeting in Sydney in 2023, but then reverted to a virtual in 2024. See notice of meeting. Bought in but missed in 2025.

Smart Parking (SPZ): Melbourne-based company capitalised at $300m which ran a virtual AGM via Zoom in November 2024. Bought in but missed in 2025.

Southern Cross Electrical (SXE): 9am physical meeting in Perth. See notice of meeting. Market cap $470m.

Southern Cross Gold (SXG): 11am physical meeting in Melbourne. See notice of meeting. Market cap $615m.

Spartan Resources (SPR): the Perth-based gold miner and explorer (known as Gascoyne Resources until 2023) launched an $80 million raising in April 2024, comprising a $47 million placement and a 1-for-17 non-renounceable to raise $33 million. The company was capitalised at $650m in April 2024 so very disappointed that it ran a physical AGM at the Celtic Club in Perth on November 23, 2023.

Superloop (SLC): made it into the ASX300 in September 2024. Held a hybrid AGM in Sydney on November 23 last year.

Syrah Resources (SYR), May 20, 10am: physical meeting only on level 24 of 385 Bourke St, Melbourne. See notice of meeting. Market cap $220m with stock at 21c and Australian Super has dropped $150m+ plus on its 33% stake.

Tamboran Resources (TBN): 9am virtual in the US for dual listed mining outfit. See notice of meeting. Record date was September 18. Market cap $300m.

Tasmea (TEA): the maintenance and engineering group which has tripled in size to just under $1 billion since listing on the ASX last year, has popped up on fundies' lists of potential block trades before Christmas. Ran a dinosaur physical debut AGM in Perth in November 2024.

Temple & Webster (TPW): 11am physical meeting at St Peters head office in Sydney. See notice of meeting. Market cap $1.55b.

Terracom, (TER), $229.6m: dropped a $24.9m last day profit which reduced accumulated losses to $229.6m. Net assets are $167.9m and the market cap is $152m. Held a physical AGM in Sydney in November 2023.

Terramin (TZN): May 26, 11am: physical meeting on level 7, 342-348 Flinders St. Melbourne. See notice of meeting. Market cap $78m with shares at 3c. Attend option.

The Market Herald (MKT): the owner of HotCopper had a market cap of $101m by the end of 2022 and was becoming a more interesting company. See Rear Window wrap of the conflict. The 2022 AGM was a November 28 effort held virtually via zoom. Same again in 2023.

Titomic (TTT), $84.6m: dropped a $11.9m last day loss which lifted accumulated losses to $84.6m. Net assets are $1.03m and the market cap is $189m. Ran a physical meeting in Mt Waverley in November 2023.

Tivan Ltd (TVN): held a 4.30pm physical AGM in Richmond on November 20, 2025. Market cap circa $280 as critical minerals player bounces around.

Tower Ltd (TWR): bought 260 at $1.93 on August 10, 2007. Sold 285 at $1.09 on February 24, 2009 to lose $290 and extras came either via DRP or scaled back capital raise. Lost $28 trading 834 around 2023 AGM but didn't attend then bought 417 at $1.20 in January 2025 ahead of February AGM. All up down about $320 in Auckland-based dual listed life insurer so they're well due for an AGM engagement.

Tribune Resources (TBR): 9am physical AGM in Kalgoorlie on the last possible day, November 29, 2024. See notice of meeting. Market cap $256m. Biggest protest 10% against employee incentive scheme.

Tungsten Mining (TGN): 9.45am physical in Perth on the last day possible, November 29, 2024. See notice of meeting. Market cap $62m. No protests via Automic. Did it again with a 3pm physical AGM in Perth on the last possible day in 2025 with no protests across 20 resolutions for the Canadian dual-listed company capitalised at $234m after a big recent run.

Universal Store Holdings (UNI): 2pm physical meeting at Morgans in Brisbane. Chaired by Peter Birtles and market cap north of $500m. See notice of meeting.

Vault Minerals (VAU) formerly Red 5 Mining (RED): The Perth-based gold miner did a shocking $125 million placement at 18c in 2020 with no SPP for retail shareholders. This comprised 55.8% of pre-raising capital and therefore needed shareholder approval. Was priced at a 23.4% discount to the last price and the stock was at 21c in mid May so the existing 4800 retail shareholders were badly diluted without compensation. The stock has been a wild ride since ranging between 15c and 44c but finished 2022 at around 21c giving it a market cap of $600 million. There was a big protest vote against director Kevin Dundo last year at a physical only AGM at the Celtic Club in Perth. No webcast archive provided here for 12,000 shareholders to access. Smorgon family are biggest holders with around 15%. Can't find an email contact anywhere.

Vertex Minerals (VTX): 3pm physical AGM in Sydney on Friday November 28, 2025. Biggest protest 18% against extra placement capacity. Market cap $77m after a good year.

Vinyl Group (VNL): used to be known as Jaxsta. Media, software and music outfit which held its 2023 AGM as a physical AGM in South Yarra in November. See notice of meeting. Market cap $100m in Aug 2024.

Vulcan Energy Resources (VUL): in June 2024 they did a $65m placement to CIMIC, Gina Rinehart and the Smorgon family at $4.08, a hefty 19.7% discount to the last close of $5.08. CIMIC took $41 million, Gina $20 million to give her an overall holding of 7.5% and the Smorgons $4 million. No sign of any SPP for retail shareholders to participate on the same terms to help funds it lithium play in Germany. Ran a physical AGM in Perth on May 24, 2024, which was disappointing from a transparency point of view. Stock was at $5.40 in early 2025 giving it a market cap $1.14b.

Vulcan Steel (VSL): holding a virtual and did a good capital raise in August 2025.

West African Resources (WAF): market cap exceeded $2b at the peak but was back to $1.7b by early 2025. Executive chair and no constitutional online or archive of past AGM recordings. Was a physical AGM in Perth in on May 10, 2024. See notice of meeting. Biggest protests 13.4% against 3 performance rights resolutions.

Westgold Resources (WGX): cracked the ASX200 in September 2024 when its market cap was $2.73b. The 2024 AGM was in Perth on November 28. Ran a physical meeting in 2023.

Worley (WOR): still yet to ever attend their AGM as they insist on physical meetings in Sydney.

X2M Connect (X2M), $32.9m: Mt Waverley based company chaired by Alan Stockdale. Dropped a $6.5m last day loss which lifted accumulated losses to $32.9m. Net assets are 544k and the market cap is $13.6m with stock at 3.7c. Ran a virtual AGM on November 28 in 2023.

Zimplats (ZIM): hybrid from JBerg starting at 11am South African time (7pm Melbourne time) on October 24, 2024. See notice of meeting. Market cap $1.64b. Check record date for 2025 meeting.

Copyright © 2025 The Mayne Report. All rights reserved

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