re: Ann: Requisition for a General Meeting of...
You have to look at LCE and try to understand why you would want to let this company end up with a disproportionate influence in the boardroom. I look at it and than look at LCE - If I would invest in that company it goes a long way to making my mind up about whether I would be happy with them leading the parade. What I see is a behaviour I dont like and past behaviour predicts future behaviour.
I also think that directors have a responsibility to all shareholders to address the tradeability of its shares and then the practices within the company. I am concerned that suddenly Belmont would also be appointed to PSH as a consultant and then we have the same situation as at LCE.
In addition I think they could have waited for the AGM to put forward their proposals by which time we could have had a look at the Financial reports and they could present their plan. I would like to see what has happened and how far the plans are to reinvigorate this Company.
Disclaimer: I take no liability for the accuracy of my post. Do your own research prior to making any investment decision.
PSH Price at posting:
83.8¢ Sentiment: Buy Disclosure: Held