RE: Proposal7 Feb 2024 17:03
I think they need 75% to approve. If the AGM deal was scrapped because the major shareholders did not want the board to gain control by the 100% placing it is difficult to see why they would agree to such a blatant giveaway. If you approve, you are certain to lose almost everything. If you vote against then an alternative will have to be considered. It seems to me that it is a no brainer and I will be voting against. This is another attempt by the board to use the threat of collapse to ensure that they get their way. There has been a reasonable amount of buying today, so at least I am not alone in saying to the board " bring it on, if I go down so do you"