If any shareholders attending agree I would like the following question asked should a CR be needed in the future. It's relevant to resolutions 7 & 8. The CR earlier this year was not fair to existing shareholders. I took this up with the Chairman at the time but never received the courtesy of a reply.
IMO a CR should be:
A rights issue
Be renounceable ie can be bought or sold.
Allow shareholders to apply for extra shares
There is no fairer way to treat existing shareholders
AGM Friday, page-9
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