RHK 2.56% 76.0¢ red hawk mining limited

Ann: Flinders announces intention to de-list from ASX, page-102

  1. 1,946 Posts.
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    Great find Cos

    So from these 2 resolutions what are Management of FMS looking to do??????

    Ordinary resolutions
    Ordinary resolutions are not specifically defined in the Corporations Act and need only a simple majority (i.e. normally, more than 50% of votes cast in favour) to pass.

    Some decisions that may only require an ordinary resolution include:

    • election/re-election of directors
    • appointment of an auditor
    • acceptance of reports at the general meeting
    • strategic or commercial decisions
    • increasing or reducing number of directors
    • passing a board limit resolution (for public companies).
    Special resolutions
    Special resolutions are needed for certain changes as defined in the Corporations Act. Decisions like changing a company's name, winding up the company, or changing the company's type will require a special resolution.

    We must demand a special resolution!!!!!!!

    L4L
    Last edited by lifes4livin: 15/12/18
 
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