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Ann: Requisition for Shareholders Meeting to Rest, page-98

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  1. 1,289 Posts.
    re: Ann: Requisition for Shareholders Meeting... rightly or wrongly, I feel disgusted that 9% of holders can overthrow the board of a listed Australian company. This situation makes me question all my ASX investments.

    I will not sell because the asset value well and truly exceeds the M.C. I am preparing myself for a capital restructuring and more dilution of my holdings.

    All i can say is that I hope these guys have a plan, and that we get to see it before they take power.

    Scary times
 
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