If you are top 20 then together with the original directors I am sure you could get 5% shareholders to, oh wait, they did this so close to the AGM you would need to get an injunction to block it, to then call an EGM, to then spill the board, to then research and field the best manager for the company to achieve its stated objectives.
Minority shareholders, how sickening. Where is the ASX or ASIC in this? So if the vote goes through (to validate CGA gettig money from NAOS for selling 15 years of rights to NAOS) then let me guess, CTN shareholders will have to pay NAOS an early termination fee? How can the CTN board now be NAOS before this has even happened? How can that not be conflicted?
Come on, this is silly, how on earth is this fair on CTN shareholders? This was held off to the last seconds and wow, doesn't give enough time for anyone with 5% to call an EGM. I wonder how long the CTN board would take to give out a list of shareholders so someone could contact them and tell them there is an important vote? Let me guess. After the AGM. The one in Sydney
How is this allowed to happen?
Anyone else get a fat envelope in the mail box today?
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