PDY 0.00% 0.7¢ padbury mining limited

time for egm, page-40

  1. BT
    377 Posts.
    Darren,

    Easier way to get 100 names is to to split existing holding into many names by way off market transfer.

    As stated before if you can't get 5% of shares to support it really is a waste of time.

    If the company does not call a properly requested meeting that complies with provisions of company constitution and Corps Act within statutory time then you can hold one (at your expense!)

    You have the opportunity at next AGM to vote against the board by way of normal board rotation.

    BTW no longer referred to as EGM, it is now just called a GM.

    Good luck these turkeys deserve to be dumped, real issue for holders is finding decent replacement directors to nominate.

    Remember you can't dump the board without have replacements as it ceases to be listed and a public company with less than 3 directors.
 
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