CORPORATIONS ACT 2001 - SECT 249N
Members' resolutions
(1) The following members may give a company notice of a resolution that they propose to move at a general meeting:
(a) members with at least 5% of the votes that may be cast on the resolution; or
(b) at least 100 members who are entitled to vote at a general meeting.
Ladies and gentlemen shareholders of HCH. I have no experience of effecting management change in a listed company, but I am weary of the status quo as it exists at Hot Chili. I have seen more poor decision making than good during the past 2 or more years I have followed this company.
My experience with management has been that of complacency, over-promising/under delivering, poor/misleading communication (including the shuttering of company meetings to shareholders living outside Perth), unprofessionalism in public interviews, and most importantly - the consistent erosion of shareholders' wealth.
Click the like button if you would support a change.
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