Ann: Half Yearly Report and Accounts, page-15

I do feel your pain and understand the frustration as I have watched from the sidelines for quite some time.

The challenge here for shareholders is to get enough votes caste that would trigger a Board spill and that is problematic as the current encumbents and friends control over 30% of the issued capital and the rest is scattered across many small retail shareholders of which a large part of them dont actually cast votes at AGM's or EGM's meaning the 30+% most probably has over 50% vote control. this reality is even before someone starts by using the 5% provision to call an EGM and then who will you propose to replace the current Board and how will you control the mavericks who get ejected from appointing and voting for someone of their preference.

The regulator wont do much for this company or its disenfranchised holders so its either get a critical mass of voters and drive (hard) the needed change or be at the mercy of the current parties in control.

For now it is a dead company but if you wanted to have a go at displacing the current Board and replacing them I will back you for what it is worth but that challenge is not an easy one in many a company let alone PDF in its current state and current ownership control.