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ASX's fetish for dual-class shares is downright nuts

ASX's fetish for dual-class shares is downright nuts

At last Wednesday's scheme meeting to approve the takeover of PointsBet by Japanese bidder Mixi, a representative from PointsBet's largest shareholder Betr entered Computershare's online portal to observe the proceedings. The portal was incorrectly coded so that upon entry, observers automatically revoked their already-cast proxy votes without their knowledge. Betr had cast its shares against the takeover and would've defeated the resolution, but its shares weren't counted. Whoops!
PointsBet and Betr shares both traded most of Wednesday after the takeover was 'approved'. The next morning, PointsBet announced Computershare's snafu and that, actually, the takeover had failed.
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'Free and safe' Indo-Pacific eyed in trilateral deal
'Free and safe' Indo-Pacific eyed in trilateral deal

The Advertiser

timea day ago

  • The Advertiser

'Free and safe' Indo-Pacific eyed in trilateral deal

Australia has joined the United States and Japan in signing a trilateral navy agreement to enhance supply chains and maintain a "free and open Indo-Pacific". Aboard the USS America, an amphibious assault ship of the US Navy docked at the port of Brisbane, top brass signed the deal that enables trilateral discussions. American Vice Admiral Jeff Jablon, Japanese Rear Admiral Naoya Hoshi and Royal Australian Navy Commodore Catherine Rhodes all pledged confidence in deeper collaboration for years to come. "Free and open Indo-Pacific is our aim and our purpose," Vice Adml Jablon said. "Any country or adversary to a threat to a free and open Indo-Pacific, this is a message to that country, or countries." The trilateral agreement aims to strengthen the nations' combined readiness and enhance relationships between the nations. "We are very hopeful that by doing this we will open the door for multiple opportunities for us to work together in the future," Cdre Rhodes said. "This is about making sure our logistics network throughout the region is reinforced through its relationship." The deal is a shared commitment among US, Australian and Japanese navies that strengthens cohesive ability to refuel, rearm, resupply, repair, and sustain their fleets. Adml Hoshi said initiatives as part of the agreement are not theoretical and are already making a difference. He lauded the commitment to regional security and maritime co-ordination between the nations. "We are strengthening our combined readiness," he said. The USS America, USS San Diego and USS Rushmore three-ship strike group are all docked at Brisbane's port. America's lead ship is expected to depart the city ahead of Exercise Talisman Sabre, a joint military exercise involving Australian and US armed forces. Australia has already begun treaty talks with neighbouring Papua New Guinea over a new defence deal, after a meeting between Deputy Prime Minister Richard Marles and PNG Defence Minister Billy Joseph in February. The bilateral agreement is set to create a framework for the two nations' militaries to step up their co-operation. More than 1000 defence force personnel from both countries travelled for joint training and exercises last year under the Australia-PNG defence partnership. Talisman Sabre has also been earmarked to be taken to PNG, Mr Marles said in February. The USS America boasts 2500 marines and sailors aboard and focuses mainly on disaster relief and amphibious operations in the Pacific region. Cargo helicopters for movement of supplies sit atop the flight deck near F-35 B fighter jets. Australia has joined the United States and Japan in signing a trilateral navy agreement to enhance supply chains and maintain a "free and open Indo-Pacific". Aboard the USS America, an amphibious assault ship of the US Navy docked at the port of Brisbane, top brass signed the deal that enables trilateral discussions. American Vice Admiral Jeff Jablon, Japanese Rear Admiral Naoya Hoshi and Royal Australian Navy Commodore Catherine Rhodes all pledged confidence in deeper collaboration for years to come. "Free and open Indo-Pacific is our aim and our purpose," Vice Adml Jablon said. "Any country or adversary to a threat to a free and open Indo-Pacific, this is a message to that country, or countries." The trilateral agreement aims to strengthen the nations' combined readiness and enhance relationships between the nations. "We are very hopeful that by doing this we will open the door for multiple opportunities for us to work together in the future," Cdre Rhodes said. "This is about making sure our logistics network throughout the region is reinforced through its relationship." The deal is a shared commitment among US, Australian and Japanese navies that strengthens cohesive ability to refuel, rearm, resupply, repair, and sustain their fleets. Adml Hoshi said initiatives as part of the agreement are not theoretical and are already making a difference. He lauded the commitment to regional security and maritime co-ordination between the nations. "We are strengthening our combined readiness," he said. The USS America, USS San Diego and USS Rushmore three-ship strike group are all docked at Brisbane's port. America's lead ship is expected to depart the city ahead of Exercise Talisman Sabre, a joint military exercise involving Australian and US armed forces. Australia has already begun treaty talks with neighbouring Papua New Guinea over a new defence deal, after a meeting between Deputy Prime Minister Richard Marles and PNG Defence Minister Billy Joseph in February. The bilateral agreement is set to create a framework for the two nations' militaries to step up their co-operation. More than 1000 defence force personnel from both countries travelled for joint training and exercises last year under the Australia-PNG defence partnership. Talisman Sabre has also been earmarked to be taken to PNG, Mr Marles said in February. The USS America boasts 2500 marines and sailors aboard and focuses mainly on disaster relief and amphibious operations in the Pacific region. Cargo helicopters for movement of supplies sit atop the flight deck near F-35 B fighter jets. Australia has joined the United States and Japan in signing a trilateral navy agreement to enhance supply chains and maintain a "free and open Indo-Pacific". Aboard the USS America, an amphibious assault ship of the US Navy docked at the port of Brisbane, top brass signed the deal that enables trilateral discussions. American Vice Admiral Jeff Jablon, Japanese Rear Admiral Naoya Hoshi and Royal Australian Navy Commodore Catherine Rhodes all pledged confidence in deeper collaboration for years to come. "Free and open Indo-Pacific is our aim and our purpose," Vice Adml Jablon said. "Any country or adversary to a threat to a free and open Indo-Pacific, this is a message to that country, or countries." The trilateral agreement aims to strengthen the nations' combined readiness and enhance relationships between the nations. "We are very hopeful that by doing this we will open the door for multiple opportunities for us to work together in the future," Cdre Rhodes said. "This is about making sure our logistics network throughout the region is reinforced through its relationship." The deal is a shared commitment among US, Australian and Japanese navies that strengthens cohesive ability to refuel, rearm, resupply, repair, and sustain their fleets. Adml Hoshi said initiatives as part of the agreement are not theoretical and are already making a difference. He lauded the commitment to regional security and maritime co-ordination between the nations. "We are strengthening our combined readiness," he said. The USS America, USS San Diego and USS Rushmore three-ship strike group are all docked at Brisbane's port. America's lead ship is expected to depart the city ahead of Exercise Talisman Sabre, a joint military exercise involving Australian and US armed forces. Australia has already begun treaty talks with neighbouring Papua New Guinea over a new defence deal, after a meeting between Deputy Prime Minister Richard Marles and PNG Defence Minister Billy Joseph in February. The bilateral agreement is set to create a framework for the two nations' militaries to step up their co-operation. More than 1000 defence force personnel from both countries travelled for joint training and exercises last year under the Australia-PNG defence partnership. Talisman Sabre has also been earmarked to be taken to PNG, Mr Marles said in February. The USS America boasts 2500 marines and sailors aboard and focuses mainly on disaster relief and amphibious operations in the Pacific region. Cargo helicopters for movement of supplies sit atop the flight deck near F-35 B fighter jets. Australia has joined the United States and Japan in signing a trilateral navy agreement to enhance supply chains and maintain a "free and open Indo-Pacific". Aboard the USS America, an amphibious assault ship of the US Navy docked at the port of Brisbane, top brass signed the deal that enables trilateral discussions. American Vice Admiral Jeff Jablon, Japanese Rear Admiral Naoya Hoshi and Royal Australian Navy Commodore Catherine Rhodes all pledged confidence in deeper collaboration for years to come. "Free and open Indo-Pacific is our aim and our purpose," Vice Adml Jablon said. "Any country or adversary to a threat to a free and open Indo-Pacific, this is a message to that country, or countries." The trilateral agreement aims to strengthen the nations' combined readiness and enhance relationships between the nations. "We are very hopeful that by doing this we will open the door for multiple opportunities for us to work together in the future," Cdre Rhodes said. "This is about making sure our logistics network throughout the region is reinforced through its relationship." The deal is a shared commitment among US, Australian and Japanese navies that strengthens cohesive ability to refuel, rearm, resupply, repair, and sustain their fleets. Adml Hoshi said initiatives as part of the agreement are not theoretical and are already making a difference. He lauded the commitment to regional security and maritime co-ordination between the nations. "We are strengthening our combined readiness," he said. The USS America, USS San Diego and USS Rushmore three-ship strike group are all docked at Brisbane's port. America's lead ship is expected to depart the city ahead of Exercise Talisman Sabre, a joint military exercise involving Australian and US armed forces. Australia has already begun treaty talks with neighbouring Papua New Guinea over a new defence deal, after a meeting between Deputy Prime Minister Richard Marles and PNG Defence Minister Billy Joseph in February. The bilateral agreement is set to create a framework for the two nations' militaries to step up their co-operation. More than 1000 defence force personnel from both countries travelled for joint training and exercises last year under the Australia-PNG defence partnership. Talisman Sabre has also been earmarked to be taken to PNG, Mr Marles said in February. The USS America boasts 2500 marines and sailors aboard and focuses mainly on disaster relief and amphibious operations in the Pacific region. Cargo helicopters for movement of supplies sit atop the flight deck near F-35 B fighter jets.

'Free and safe' Indo-Pacific eyed in trilateral deal
'Free and safe' Indo-Pacific eyed in trilateral deal

Perth Now

timea day ago

  • Perth Now

'Free and safe' Indo-Pacific eyed in trilateral deal

Australia has joined the United States and Japan in signing a trilateral navy agreement to enhance supply chains and maintain a "free and open Indo-Pacific". Aboard the USS America, an amphibious assault ship of the US Navy docked at the port of Brisbane, top brass signed the deal that enables trilateral discussions. American Vice Admiral Jeff Jablon, Japanese Rear Admiral Naoya Hoshi and Royal Australian Navy Commodore Catherine Rhodes all pledged confidence in deeper collaboration for years to come. "Free and open Indo-Pacific is our aim and our purpose," Vice Adml Jablon said. "Any country or adversary to a threat to a free and open Indo-Pacific, this is a message to that country, or countries." The trilateral agreement aims to strengthen the nations' combined readiness and enhance relationships between the nations. "We are very hopeful that by doing this we will open the door for multiple opportunities for us to work together in the future," Cdre Rhodes said. "This is about making sure our logistics network throughout the region is reinforced through its relationship." The deal is a shared commitment among US, Australian and Japanese navies that strengthens cohesive ability to refuel, rearm, resupply, repair, and sustain their fleets. Adml Hoshi said initiatives as part of the agreement are not theoretical and are already making a difference. He lauded the commitment to regional security and maritime co-ordination between the nations. "We are strengthening our combined readiness," he said. The USS America, USS San Diego and USS Rushmore three-ship strike group are all docked at Brisbane's port. America's lead ship is expected to depart the city ahead of Exercise Talisman Sabre, a joint military exercise involving Australian and US armed forces. Australia has already begun treaty talks with neighbouring Papua New Guinea over a new defence deal, after a meeting between Deputy Prime Minister Richard Marles and PNG Defence Minister Billy Joseph in February. The bilateral agreement is set to create a framework for the two nations' militaries to step up their co-operation. More than 1000 defence force personnel from both countries travelled for joint training and exercises last year under the Australia-PNG defence partnership. Talisman Sabre has also been earmarked to be taken to PNG, Mr Marles said in February. The USS America boasts 2500 marines and sailors aboard and focuses mainly on disaster relief and amphibious operations in the Pacific region. Cargo helicopters for movement of supplies sit atop the flight deck near F-35 B fighter jets.

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