If sxy hits 10% they effectivly have the power to block a forced takeover In theory DLS can use their voting power to control the company by 1. using their voting power to get two or three directorships a 2. Whenever those directors are outvoted using their share numbers to force an extraordinary AGM where the decisions are made by not the number of directors votes but the number of shares voting I would thinkIt would be unusual in such a circumstance as this for the 40 % of DLS to be outvoted This is how it works in private companies I dont know abot public ones I can only urge all to give your vote to the Chairman something I seldom do either This is probably the best way to frustrate the DLS joke price
ACN Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held
