3 questions lodged at 2025 Cash Converters hybrid AGM
December 1, 2025
Below is the text of the 3 written questions submitted at the 18 minute Cash Converters (CCV) 9.30am Perth time virtual AGM via Computershare platform on November 20, 2025. Market cap is $214m after a poor year. See 6 questions asked at 2023 AGM. See notice of meeting and voting results with no protest votes. The proxies were not disclosed early in these formal addresses and was the only shareholder asking questions. Emailed requested access to the webcast archive on November 30, 2025 and they delivered on December 1.
Q1. Well done for offering retail shareholders unlimited overs in the recent capital raising. Most companies impose unfair limits on overs when the policy should be to maximise opportunity and then scale back if necessary. Was this Bell Potter's idea?
Answer: The chair Timothy Jugmans let CEO Sam Budselik do all the talking and he was thankful for the comment and said unlimited overs was designed to maximise certainty for the company and represented the best interests of all shareholders. Watch video of exchange via Twitter.
Q2. Brownlow medallist and Brisbane Lions legend Lachie Neale has been a great brand ambassador for us. Did we pay him with cash or shares or how long is he contracted with us for? Is he resonating with customers?
Answer: The chair Timothy Jugmans let CEO Sam Budselik do all the talking and he said their timing was good with Lachie's success, who he said was certainly resonating with customers. A production company was also credited. Watch video of exchange via Twitter.
Q3. When was the external audit last tendered and when will it likely next be tendered?
Answer: They're tough operators at Cash Converters, given the nature of the business. They ran “an informal tender” 3 years back and crunched the Deloitte fee down. Presume was just like negotiating with a divorcee offloading a wedding ring. Watch video of exchange via Twitter.
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