Ann: Annual General Meeting Presentation, page-66

Interesting. I would be interested to know the precise details of the loan agreements(which I never will). I believe I read at one time that on the due date if the loans weren't repaid,the shares were to be sold on market and the proceeds applied against the loans.Sooo,one wonders what the legal position is with regards voting rights on shares IF they may have been required to be sold 2 days prior to the GM/AGM,if the loans had not been satisfied in full. Further one wonders whether being in breach of legal requirement to repay that loan once the due date has elapsed,would open up a director to further action,be it,legal,precedural,or regulatory and whether the loan agreements carry a penalty for breach.If I was a cynic,I would say that not selling the shares before the meetings,IF, they had been required to,would fit with the same attitude as selling a voting block to ensure the status quo.

The aroma continues.