Askin and Dunmore held on this time, but should the meeting in July go ahead as is... well let's just say that 52.96% isn't a very comfortable margin, is it?
Also reading between the lines on the direction the questions from Palmer's lawyers, and that Askin was so thrown by questions from CB that he needed a TWENTY MINUTE recess with his own lawyers to discuss, I think you might find some legal challenge made to today's meeting anyway.
Also, I could be wrong on the figures, but I think that if the 130 Mln new shares had not been issued the board would have lost almost every resolution. (We'll confirm that one on Monday when the numbers are released).
CTP Price at posting:
62.5¢ Sentiment: LT Buy Disclosure: Held
