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Ann: Results of General Meeting, page-6

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  1. 11,557 Posts.
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    It's possible though that MF might withdraw his right to have a nominee on the Board.

    Odds? 50-1?

    What if he doesn't nominate a replacement, nor withdraw his right, surely the law would not permit BB to stay on indefinitely. There must be a time limit, eh!

    Apart from that, it's a weird situation that someone who has democratically been voted off the Board can still hang on to that position because of S.203D(1).

    From a practical perspective though, we have 4 Directors, 3 of whom you would expect to vote as a bloc, and so leaving her vote somewhat emasculated, if I may use that word in this context.

    @Manchikken, it seems like you are in the exploration and/or mining game judging by your BRB post today, plus your comment on SV.
 
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