ARU 0.00% 15.5¢ arafura rare earths ltd

Ann: FY23 Sustainability Report, page-16

  1. 92 Posts.
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    It's a clause where if the relevant SH have a combined total of 5% or more shares in the company they can call an EGM to try to replace some of or all of the board memberst, or in this case, most likely it would be just to let them know they are on notice. obviously it would not be successful, the board has the majority of the votes.
 
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