Ann: Letter to Shareholders, Notice of GM & Proxy Form, page-24

  1. 307 Posts.
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    I believe, if the result is no, then the shares will come out of the 25% the BOD can distribute without shareholder approval, this would mean that they can only issues up to 15% next financial year without shareholder approval. So if they want more, they will need to ask. Which if I am right will be a better outcome. IMO -

    Would be good if anyone can confirm the above
 
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2.5¢
Change
0.001(4.17%)
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Price($) Vol. No.
2.6¢ 1823042 9
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