Pity that you or anyone else for that matter who decides to ‘bail out” but sees what “poor behaviour” or worse that the board has foisted on retail shareholders do not hang onto a ‘small quantity’, even less than the standard ‘marketable parcel’ as if/when it comes to a Scheme Meeting, 1 SHAREHOLDER = 1 VOTE (irrespective of holding size) and they need over 50% of voting shareholders to agree as one necessary condition.
Make our numbers count! By voting NO to what the board want to most likely make life cosy for themselves and management.
Most retail shareholders will agree that the cheap sellout is not in their best interests, contrary to the spin and propaganda of the directors.
If you really want out, please Hang onto a handful of NEA shares and vote to help the NO case.
It will take the company too long to clear the register of holders of small parcels and we can be a ‘thorn in their side’.
In other contexts it is akin to a ‘civil disobedience’ campaign.
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