Ann: Flinders announces intention to de-list from ASX, page-18

I seriously doubt that this has OCJ support. Note that the vote is for an Ordinary Resolution so TIO can vote. This needs to be overturned as TIO is the main benefactor of a delisting IMO. I believe this can be done. IMO, this action by FMS is shareholder oppression at its blatant worst. More later. Read this extract from the announcement below.

“The ASX has given in-principle approval of the De-Listing, subject to the following conditions:
1. the Company’s removal from the official list of ASX is approved by ordinary resolution of ordinary security holders of the Company;
2. the notice of meeting seeking security holder approval for the Company’s removal from the official list of the ASX must disclose the reasons for the Company seeking removal to the satisfaction of ASX and include a statement to the effect that the removal will take place no earlier than one month after approval is granted; and
3. the Company releases the full terms of the in-principle approval decision by the ASX to the market.”