APG 0.00% 0.3¢ austpac resources nl

Ann: Notice of Sale of Forfeited Shares, page-22

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  1. 541 Posts.
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    Thinking about this some more. The shares that were forfeited last time are said to be held in trust by the directors, but I can not see were it is disclosed by the directors that they are indirectly held. Can they still vote these shares? Is that the reason they set the reserve high?   
 
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