new offer price, page-46

re calling an EGM fellow posters

Let me just highlight some points for all your consideration.. I think you are all not on the right page

Under s.249D shareholders (at least 100, or 1 or more providing he/they hold at least 5% of the votes) should request in writing that the directors call an EGM – which
would be at the company's cost (ie, printing/postage, etc).

In this circumstance the directors must call the EGM within 28 days after the request is received, and such meeting must be held within 2 months after the request.

You will need a resoultion.. Ie a "motion" to put forward..

You just cant call a meeting for "a chat".. You must have resolutions.. George and Guilio do not have to attend.. The meeting can be convened and closed within 5 mins

A resolution is passed or defeated..Meeting closed ..very simple etc..

Re your resolutions....What are they? Is it to remove Director/s? Who? which ones? Then you must replace them. With Who? What is your plan!!!

To succeed you will need to convince over 50% of the Vote... That means Hanlong, Hedge Funds, Instos and large hoders. You must have a very very credible plan.

The time to get 100 people ( I assume you haven't got ~150m shares backing you up) all signed up on legal papers "in a consotrium" will take I would think 4 weeks to organise at best..Probably longer..You will need to be funded and have a law firm acting for you. You will come under attack from the BOD and you will need to have your consortium ready to answer back .. (I think you will be lucky to find 10, let alone 100 who will put there names legally to paper to support..but best of luck)

So say 15th of March 2013 you get your 100 names

You then lodge your s.249D - this gives SDL 28 days to reply and convene a meeting. So expect a reply on say the 13th April. They announcean EGM date of 13th June ( 2 months timeframe).

What date is the ammended SOA completion date? You guys too late...its over if it completes.

So before wasting your time, company resources, destablising things, as i noted before...Get a small working group together

1) Set up one email address for someone to monitor
2) everyone email Q's they would like answered
3) pick to best 10
4) draft a concise, precise and articulate letter to the board informing them that you represent a few shareholders and could they update us all with a Q & A annoucement to the ASX. Then you may get some answers to your questions.

Think about what you can do...not what you can't.