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5% of the total votes to call an EGM and if it is a Board spill...

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  1. 10,600 Posts.
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    5% of the total votes to call an EGM and if it is a Board spill you seek then you will need 25% of the cast votes to tip the current incumbents out. You will need some replacement Directors to meet the minimum listing requirements of 3 and that is light to say the least. Any new board nominee will need to secure 50% of the votes cast to get a seat on the Board. There is a whole process on how to do this but first you need to get surety of the 5% votes to even contemplate calling an EGM.

    Someone here is collecting the votes (or shares to use another term) held by disenchanted shareholders.
 
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Last
3.1¢
Change
0.002(6.90%)
Mkt cap ! $12.63M
Open High Low Value Volume
3.0¢ 3.1¢ 2.9¢ $104.4K 3.469M

Buyers (Bids)

No. Vol. Price($)
2 417184 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 168609 3
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Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
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