NSC 1.18% 42.0¢ naos small cap opportunities company limited

Ann: Update, page-4

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  1. 175 Posts.
    Yoda

    Means they are trying to "crash" deal through on Tuesday using proxies for a Notice of Meeting when two significant changes have occurred in last 24 hrs

    1. CGA have announced - after talks with ASX - that deal with NAOS was done and announced in contravention of ASX Listing Rules

    2. CTN now announced a major change to the deal as advised to shareholders

    CTN presumably will use all proxies signed on the basis of earlier information, and massive telephone calling campaign based on the issued material - to push through the Resolutions thest the Directors want passed?

    Why is the meeting not called off so that 6000 shareholders are given all the facts?

    This is "bull dozing" of the 1st degree

    Surely major changes to Notice of Meeting require by law a new meeting! Not a whitewash using "now outdated proxies"

    By the way. The length of the term of New IMA is only ONE of 15+ major faults as far as protections for CTN shareholders go. Have they changed the "NO Cancellation on any basis" in the 1st term?

    Will CGA have to now change the Notice for their new EGM?

    Why are CTN owners also not dealing with a revised deal at an EGM ?

    DYOR
 
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