Moltons share holding is already high enough to ensure any vote that only needed 50% to pass would be passed .
Probably would be able to get anything that needed a 75% vote to pass too unless the matter was seen by the rest of us to be obviously not in our best interests .
He could spill the board anytime he wanted .
An on market buyback would seem a sensible use of some of our cash at present share prices .
They can buy back 10% per year of the SOI without share holder approval and more with share holder approval .
I don't think it will happen because it is would not be in the best interest of the completely misaligned CEO and Executive Chairman of the Business.
Breakaway Research Report - Aug 2022, page-26
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