Originally posted by minoil
thanks
@Crackity , got those, i'll have something more in depth shortly....
@dpbear ...bear in mind, much of this is assumption, but, based on either contact, or research....and as such, i am happy to base my views on such...
#2, #4, #5 are in the Vaz camp, as is i suspect #8
For the 249....
#1, #3, #6, #7, #9 ,#10, #12, #13 McNamara, #13Arlam, #15, #16, #17...
#11 Misra is a long term holder, and i'm uncertain which way....
#14, #17, #19 Pedley all have a broking background, and are new entries, i suspect they will be on board, but couldnt be sure, same with #13 and #19 HSBC.....all of which i would doubt would swing over to Vaz.
The next rung would be the top 50, where i suspect there will be a lot of backers for the 249. Myself, family and friends account for at least 2.5%, outside the T20.
Now, as payment, i expect you to chuck the kids in the car, pack the box brownie, or Kodak, and take a road trip to Moama !!clear.pngclear.png
Many thanks for the information and insight, much appreciated! I would visit Moama if I could, but I'd rather put the money towards buying more shares before the grand meeting
Based on your information and my research combined, I have come up with a calculation of (rough) numbers for the meeting. Bear in mind that last time,
approx 1/3 of shareholders voted online before the actual meeting and 99.99% of these votes were in support of the resolutions.
And also, this calculation only accounts for 672,538,386 shares out of 976,859,728 = 68.85% of total shares (55.18% if new shares issued).
Based on the preliminary results of the previous voting, it is logical to assume that the remaining 31.15% of shares will likely vote in favour of the resolutions at the upcoming meeting.
Green: safe to count as supporters of resolutions
Orange (up or down): likely to vote in shown direction
Red: against resolutions
*Note: if additional 241,964,932 shares are issued, this will account for 19.85% of the new SOI. Worst case scenario is that all of these new shares vote against the resolutions; this would result in
19.85% + 15.94% against = 35.79%.
Supporters would be diluted to 31.90% + 5.93% = 37.83%.
This leaves
26.38% unaccounted for: as stated above, it would be logical to assume that the majority (over 50%) vote in favour of the resolutions.
But the big question is: would Vaz be able to find enough evil people to stump up $725,895 in its entirety? Or will he have to open up the offer to friendlies as well to fill the pot?
