some of us here have certainly been in some kind of denial about the reality of EOC
good to see HSBC is taking steps to end this gravy train:
Endocoal Limited (ASX EOC) wishes to advise that it has received a Notice under Section 249D of the Corporations Act, 2001, from HSBC Custody Nominees (Australia) Limited, being a member with at least 5% of the votes that may be cast at a General Meeting of the Company, requesting the Company to call and arrange a General Meeting to remove 2 of the current 6 directors being the Company’s Chairman, Mr Alan Broome and non-executive director, Mr Rodney Austin.
EOC Price at posting:
28.5¢ Sentiment: None Disclosure: Held
