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08/11/24
15:00
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Originally posted by Kaching68:
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It's by no means certain that this vote to de-list will get up It's a Special Resolution, so requires 75% to pass, and from a look at the register from the last Annual Report it's a very spread register, with not many top holder to carry this through. A few others have tried this and failed (eg Flexiroam in 2019) Interesting... and very nuanced. Whilst de-listing might be in the best interests of the Company (eg by removing something like $600K of annual listing, audit, board costs etc), it may not necessarily be in the best interests of Shareholders...
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Everyone needs to vote no to this question, if you haven't already then log onto the share register and vote no like I did, you can do this today.