Only 5% required to call the meeting. Proxies can be secured once the meeting has been scheduled.
Don't underestimate shareholders capacity to bring about change when change is needed.
At the moment I don't see any oversight by an independent director. Run and contolled by one family. Mother and son. The other 75% of shareholders deserve a person on the board to ensure their interest are in fact being served. Not me, but I'm sure I know some outstanding candidates for the job.
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QBL EGM - Expression of interest., page-19
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