So you guys want to call an extraordinary meeting?
Hmmmm, I suppose you could requisition one with 5% or possibly even with only 100 signed names.
If the directors then fail to call the meeting or refuse then, 50% of the requisitioned members can call & hold the meeting themselves at company cost.
Alternatively, you could also force it with 5% & pay for the costs of calling & holding the meeting yourselves.
You will have to demonstrate validity of the meeting & possibly seek to enforce the resolutions passed.
You will need a substantial shareholder such as a 1 or 2 of the super funds. If you can manage this, then you will gain real traction.
I'm probably sitting on less than 0.25% nowadays. Get the united numbers & I'd be interested in adding my vote to your list.
Bare in mind, there will be an AGM later this year. Foley's up for re-election. He should be your primary target.
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