3 ms·
"80 percent" but I think it means the vote was 80% of shares voting to let the world burn. Not clear if that means 80% of votes or 80% of all shares (of which
by pcthrowaway 3y ago
"80 percent" but I think it means the vote was 80% of shares voting to let the world burn.
Not clear if that means 80% of votes or 80% of all shares (of which I'd expect a much smaller turnout than 80%).
Regardless, we don't know what percent of shareholders that is. There could be 10 people who own 80% of shares, all of whom, unsurprisingly voted to maximize shareholder value, consequences be damned. That could be <1% of shareholders.