Ann: General meeting requisition, page-6

From the RES announcement Illegal collective action by shareholders 1st Oct 2015.

"The company claims that Altius is acting on behalf of Noble and PIC in addition to itself in requisitioning a general meeting to replace Resource Generation’s directors with its own nominees. The company is considering what other actions are available to it in respect of this matter."


If RES can provide evidence to support this claim then ASIC will surely investigate. Otherwise, there's always Judge Judy???

I'm sure Noble think they are acting in the best interests of all shareholders (at least 48% of the vote anyway). They've obviously been playing hard-ball with RES over finance negotiations resulting in 2 years of no progress.

I'm still a bit suss on the legitimacy of the funding MOU RES have announced.