There can be no rational objection on the grounds SWC is saying he is too busy to raise himself (although in his view others should) . Whilst there is a general provision in company law to the effect that if a minority shareholder's interests are 'oppressed" by the actions of the (or a) majority, then a route is open in law for the minority to bring action against the majority for damage caused to the minority, this is a provision very rarely used because the burden of proof is great and precedent shows it has a very poor record of success.
In SWC's delusional and clouded mind, it seems the way he sees things here is that the 75%+ who voted in favour of the proposals tabled by the senior lenders have somehow acted unfairly in voting as they did. This is truly delusional and shows a lack of understanding that is bewildering. If ever evidence was needed to show how confused his mind is - and has been all along as the vast majority of posters on here clearly recognise, then it is in this latest advice to others.
With a bit of luck he will continue in cowardly fashion to be so busy he doesn't have time to promote any more of his delusional theories on this forum.
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SGH
sgh limited
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$51.76

Object to the scheme, page-7
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Last
$51.76 |
Change
0.150(0.29%) |
Mkt cap ! $21.06B |
Open | High | Low | Value | Volume |
$51.16 | $51.78 | $51.03 | $13.29M | 258.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 449 | $51.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$51.84 | 449 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 449 | 51.590 |
1 | 1556 | 51.580 |
1 | 100 | 50.850 |
1 | 130 | 50.750 |
1 | 80 | 50.100 |
Price($) | Vol. | No. |
---|---|---|
51.840 | 449 | 4 |
51.900 | 1548 | 1 |
51.940 | 591 | 1 |
51.970 | 472 | 2 |
52.000 | 495 | 1 |
Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
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SGH (ASX) Chart |