IFN infragreen group limited

Ann: Infigen Monthly Production - June 2020, page-9

  1. 3,890 Posts.
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    from what I can read on standard ASX guidelines... delisting requires a special resolution... which means 75% of vote and evidence to ASX that shares are too thinly held, illiquid or consistently undervaluing the business

    https://www.asx.com.au/documents/rules/gn33_removal_of_entities.pdf

    Obviously - the company trust constitution would also probably have something in it on this matter also.

    Realistic chance that 75% may not get hit... but until we start seeing results of offer coming through - it is very hard to call.
 
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