ZEN 0.00% 91.0¢ zenith energy limited

From the Scheme Booklet (page What can the logic be for waiving...

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    From the Scheme Booklet (page

    https://hotcopper.com.au/data/attachments/2253/2253756-7bce36b26935761000ebdc6ebc2b81f0.jpg
    https://hotcopper.com.au/data/attachments/2253/2253760-2c54157dfb84ffa4377e78f1e933b38a.jpg

    What can the logic be for waiving the requirement for a Yes vote on the SoA by 50% of shareholders by number voting because of COVID-19? The ability of shareholders to attend the meeting is enhanced because it is being held electronically (rather than physically in Perth) and there is absolutely no difference in the ability to vote by proxy?

    This suggests that the board is running scared that the 50% by number requirement may have difficulty being satisfied.

    For all you NO supporter out there, make sure you vote no matter how small your shareholding is! Every shareholder counts!

    If Zenith seeks leave of the Court to have the requirement waived, we need to lobby ASIC to argue in Court against the leave being granted to protect the few rights us minority shareholders have. We also have the ability to instruct Counsel to argue on our behalf if it comes to this.


 
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Currently unlisted public company.

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