My understanding is that any individual holding 5% or more can call for an EGM however my preference would be for a detailed RNS to be released and if positive and detailed enough would not require an EGM.
Equally I think that expectations for the meeting on the 22nd is miss-placed, as the point of the meeting is to impress new investors I cannot see the BOD wishing to discuss current financial issues and concerns when pitching for funding.
I would expect an RNS prior to the proposed meeting being released otherwise I see no point for the meeting or see it being cancelled - all IMO opinion !!
Valju - for once we are in agreement - your message to the BOD sums up the way we are all thinking and for them to release some form of information giving an update as to what is happening costs very little and will see a massive recovery on this share. And bring some much needed clarity. The constant battles are born out of frustration and have degrading the value of this BB with two distinct camps having developed and I have no further need to establish where I sit re the BOD. The solution sits with them and with information being released on the differing initiatives and funding issues should see an SP recovery in fairly short order so the key for me and I suspect many others is a pretty basic event which is less about the need for trust and more about transparency. All the best Jonjo
Wrong again desk jockey!!
ROSSY - you may have hit on something here asking the troll rampers facts and for proof will certainly push them back into there shells, get you filtered or make them cry Still all debate is welcome even if they deny many times they are reading posts they don’t like bit like Freddie and the painted corner. Have a great weekend posters from all walks of life and opinions next week puts yet another 3k into the pockets of the only people making money here LOL
Hi Arsenal See the desk jockey wannabe real postman is desperate to prove he can make money whilst hopes others do not perhaps he thinks he might end up feeling better how’s your investment in VAL going IS not so good I hear? Never mind keep fighting the good fight lol !!
Uncanny I hear that but do you know what came out of the meeting yesterday? Any hints, information re NDA’s signed, anything re JV etc, cannot imagin that they got through an investor meeting without having to comment on these key issues?