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"subject to shareholder approval". This would be a laid down...

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  1. 322 Posts.
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    "subject to shareholder approval".
    This would be a laid down misere if and when there is a shareholder vote due to the board's and its associates control of the shareholding. Only way of this company going forward in some way is clean out of directors and a rebalance of the shareholding.
 
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Currently unlisted public company.

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