Is the EGM result acceptable if fewer than 50% vote?
General meetings are decided on the percentage of people who actually voted rather than who attended and/or actively abstained.
I recall long and pointless discussions about whether an abstention was a vote or not because people would say that if 40 people voted yes and 40 voted no and 20 abstained, the motion had failed becasue fewer than half the voters voted in favour.
This is of course nonsense. In NSW, unless it’s a special resolution, 51 percent of people actually voting in person or by proxy carries the vote, and that could be 6 people out of 10 who’ve bothered to turn up out of in a block of 100.