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57.0¢ ten sixty four limited

Ann: 249F General Meeting Results, page-20

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SilverTeenager

744 Posts.

106

24/04/23

20:30

Post #: 67436732
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Originally posted by Greginv45: ↑

The shareholders and board of directors have both demonstrated integrity during this failed 249F.

After being rejected by shareholders, they are now coming back with a 249D. Unlike the 249F costs which are borne by the requisitioners , a 249D will make Ten Sixty Four pay with company funds the costs incurred.

I am shocked that the activist shareholders have chosen to do a 249D instead of doing a 249F.
Shareholders will be paying the costs of what is now very likely to be a second failed attempt to replace board members.

X64action why did you choose to make shareholders pay for your attempt to replace board members with this 249D ?

If Vitrinite has any funds, they should immediately replace this 249D with a 249F and pay the costs incurred themselves!

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how many of these can they call? Is there a limit? This is outrages if they can keep wasting shareholder funds on this again and again! Can AISC step in on this? Cheers ST

X64 Price at posting: 57.0¢ Sentiment: Buy Disclosure: Held
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