RE: RNS3 Apr 2019 11:52
Mogbear... cracking name, love it.
The outrageous deal to take over the phantom drone company does not require a vote. If you read the RNS it is effectively a done deal. However, I know that numerous shareholders have been in contact with the Nomad expressing their concerns. The Nomad is, I believe, doing some investigation on the back of the concerns raised. As the shares used to 'pay' for the paper aeroplane company (apologies for the sarcasm) are meant to exist from tomorrow then I don't know if that can be stopped by the Nomad or not.
The vote at the GM to prevent the board from using shares to pay invoices, fees etc can certainly be voted down. Just vote 'NO'