Chart Update, page-24292

@golddigger741
Really like the way you're thinking. Shareholders have a lot of power to influence the way company is managed. It's just not often they choose to do so. For instance:
Section 131 of the Companies Act 1993 (NZ) outlines the general principle that shareholders are entitled to have their interests fairly and reasonably represented in the management and conduct of the company. This includes the right to participate in the decision-making process and to receive adequate information about the company’s affairs.
...
The Act provides a number of options for shareholders to seek resolution of their concerns, including:
...
Shareholders’ meetings: The Act allows shareholders to call a special meeting to discuss and vote on specific issues, including disputes.Shareholders can also request that the company’s directors put a resolution on the agenda of the next annual general meeting.
...

So, no need to invent any "referendums". What we need is a shareholders resolution to put forward for voting. This is the best way to make the board and management to listen. Just talk to them and vent up your frustrations won't make any difference. However, if a resolution is put for voting they would have to adhere to it if voted in favor. Even if resolution is declined it will show to the board and management that shareholders are serious in their intentions. To do so a resolution need to be presented by at least 5% of shareholders. I think ASA could be really good candidate to arrange such resolutions. For instance we can put resolution 1) to request company to issue quarterly reports or 2) to perform on market share buy back as long as company has balance above $500mil and so on. It's just need to be arranged