4 exchanges from the 2026 DigiCo Infrastructure REIT (DGT) physical AGM
November 11, 2026
Below is 4 video grabs from the 90 minute DigiCo Infrastructure REIT (DGT) physical AGM held at 11.30am in Sydney on November 11, 2026, with a one way webcast. Nominated for the board calling for online questions and they refused to deal. See nomination letter. The NTA is $1.94 billion, but the market cap was only $1.36b on AGM day, sparking much debate from the floor. Home is the largest shareholder with 21% and the annual report failed to disclose how many shareholders they have. They tried on background checks but declined to engage. The notice of meeting dropped on October 9 with the platform published in full on page 9. They reached out by email to encourage me to withdraw after the proxy votes finished with 5.18% support. Replied by saying: "I'm delighted with that. No way I'm withdrawing". The proxies were disclosed early in the formal addresses. Thank you to the owners of 15,675,595 DigiCo shares (4.82% worth $38.9m) who voted in favour by proxy. Surprised there was not a single extra vote to be had in the room today. See poll results.
1. There were plenty of laughs as David Kingston drew The Hon Kelly O'Dwyer into the valuations debate at DigiCo. Watch video of exchange via Twitter.
2. Kelly O'Dwyer must have felt like she was back in Question Time. Here she is responding to some tough valuation questions from David Kingston. Watch video of exchange via Twitter.
3. With HMC ripping out $80m+ in fees from DigiCo, David Kingston was right on the money challenging independent director Rachel Grimes on whether she'll back internalising the management to address the huge trading discount to net assets. Watch video of exchange via Twitter.
4. Surprised that DigiCo chair Joseph Carrozzi failed to ask for questions when dealing with my board nomination. And rather than this big long skills blather, why didn't he just say I only nominated because DigiCo continues to ban online access at its Sydney AGMs? Watch video of chair Carrozzi rushing through this item via Twitter.
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