3 questions lodged at 2025 Nuchev virtual AGM
November 29, 2025
Below is the text of the 3 written questions submitted at the 30 minute Nuchev (NUC) noon AEDT virtual AGM held via the Xcend platform on November 28, 2025, the last possible day for June 30 balance date AGMs. Market cap $25. See notice of meeting and voting results. The proxies were not disclosed early in the formal addresses. No protest votes.
Q1. Why have you chosen to hold your AGM on Friday, November 28, 2025, the last possible day for June 30 balance date companies? There were 212 last possible day AGMs on this day last year in what appears to be a conspiracy of smaller or poorly performing companies to avoid shareholder scrutiny and engagement amidst this extraordinary AGM deluge. Will you undertake to hold the 2026 AGM before the last Friday in November?
Answer: Chair Ben Dingle and CEO Nathan Cheong presented for about 20 minutes and then ignored my 3 written questions at the no questions 30 minute meeting as company secretary Tamarra Barr tried answering written questions by private message (see below) and then refused to read these questions out when asked. Watch this pathetic censorship play out via Twitter.
Q2. Will a full copy of the AGM webcast be made available on your website for the benefit of the 95%+ of shareholders who weren't able to tune in live on this last day of the AGM season when about 200 ASX listed companies all chose to hold their AGMs on the same day, making it practically impossible for many shareholders to attend multiple meetings at the same time? Even better, why not lodge a copy of the full AGM transcript or a link to the video or audio recording with the ASX for maximum transparency and accessibility?
Answer: Chair Ben Dingle and CEO Nathan Cheong presented for about 20 minutes and then ignored my 3 written questions at the no questions 30 minute meeting as company secretary Tamarra Barr tried answering written questions by private message (see below) and then refused to read these questions out when asked. Watch this pathetic censorship play out via Twitter.
Q3 on resolution 5: Why do you keep asking for an extra 10% placement capacity and are you aware that resolutions like this have been defeated at many AGMs this season? Shareholders generally don't like this. Next time you raise capital, will you consider doing a pro-rata issue which treats all shareholders equally, rather than issuing as much as 25% of the company's shares to whoever you like, potentially diluting existing shareholders without compensation. Please don't put this up again next year and has it received more than the required 75% support on the proxies?
Answer: Chair Ben Dingle and CEO Nathan Cheong presented for about 20 minutes and then ignored my 3 written questions at the no questions 30 minute meeting as company secretary Tamarra Barr tried answering written questions by private message (see below) and then refused to read these questions out when asked. Watch this pathetic censorship play out via Twitter.
Sending a message like this in response to a question at a public company AGM is not acceptable. Was not looking for a private response. The whole point of a public company AGM is to have a discussion in public!
Dear Stephen
Thank your question.
It is prudent for small caps to have capacity available for strategic growth and expansion.
If you would like any further information, we can take questions via email following the close of this meeting.
Kind regards
Tamara Barr
Company Secretary
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