Last I heard, under the Aust. Corporations Act, either 100 voting shareholders or any group of shareholders that collectively own more than 5% of a company demand, or “requisition”, an EGM. Management then have 21 days to announce the date and location of the meeting which must be convened within two months of the request.
I've no sympathy for this current crowd anymore - not taking into account their remuneration - continually abysmal comms and results. No sign of any cognisance of this or learning. Rubbish performance in that respect. What do they expect. In my opinion, based on what I have seen in the comms and handling of A2 they have failed to get anywhere near a level that's acceptable.
P for poor. In my job, I'd be gone without a doubt for this persistent lack of being able to just do the basics and communicate to my shareholders.
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