regarding your statement below "So 45% is usually cast iron control. 40% would take some dislodging. Anyway, if there was a vote as to whether divis should be paid, make a takeover bid or more exploration be carried out, some of the 55% might vote for exploration or a takeover anyway."
Shareholders do not cast votes on such matters as dividend payments or exploration commitments, these are matters for the board to decide. The board declares a divvie it doesn't seek s/h approval
CDU Price at posting:
$1.55 Sentiment: Buy Disclosure: Held