BPG 0.00% 0.9¢ byte power group limited

ASX response makes international news..., page-37

  1. 848 Posts.
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    I think you will find that it only takes 5% of shareholders to create an egm at that point, any motion moved needs 50.1% of votes which they have. A waste of time and effort. Also, who is going to run the company after you create a spill even if you could muster 50.1% of the vote.
    Sorry but it's a lost cause The only thing we can do is get asic to charge the directors for trading whilst insolvent. That carries a jail term.
    Bpg has significant negative net assets and should not be trading It is technically insolvent.
 
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Currently unlisted public company.

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