Its easy to understand if Retail vote Yes to changing the Constitution then they are collectively giving the BOD's of the company the ability to raise above what they are normally allowed under the current Corporate Rules...and if Retail do vote yes they will shoot themselves in the foot by their own doing....the rest is as you have stated if the company organises a meeting and dont want to face shareholders then by changing the Constitution it allows them to stiff Retail holders alot more, just like they have recently going into the EGM with the Greedy Grab for more shares at the expense of Retail, but hey look at it from their side its easier to stiff us at this point compared to stiffing the BEOT or maybe doing the right thing by Retail much like politician's, carsalesman, realestate agents and or Exwankerbankers.
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- Ann: Notice of Extraordinary General Meeting/Proxy Form
Ann: Notice of Extraordinary General Meeting/Proxy Form, page-332
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