New Board Proposal, page-52

@cfp you probably understand a 249D better than me. I'm assuming shareholders would get to vote on whether they want the 249D to happen - ie a "takeover' to proceed?

Wouldn't it follow then that those that are the requisitioning members would, in due course, have to show their hand and what they can offer for the betterment of the company? And then shareholders can decide.

Isn't it just a matter of wait and see ... I don't understand the urgency? Perhaps there is one which you can explain to me ... but