PIO 10.0% 1.1¢ pioneer resources limited

I have been involved in a number of 249D actions, on both sides...

  1. w27
    1,326 Posts.
    lightbulb Created with Sketch. 210
    I have been involved in a number of 249D actions, on both sides and have not been on the losing side yet.
    If you are serious and want a positive outcome you will need all of the following:
    1. The support of shareholders holding more than 5% of the ordinary shares in the Company.
    2. A good number of competent people prepared to help with the organising , telephoning shareholders to canvass votes, etc.
    3. A group of people prepared to contribute a significant sum of money to finance the operation.
    4. Assuming that you propose to replace directors, (and I don't see any other action which is likely to have your desired effect) you will need credible and competent replacement directors willing to serve.

    Good luck with achieving all that. You will not have my support.
 
watchlist Created with Sketch. Add PIO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.