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Section 249d does not stipulate anything with respect to what is...

  1. journeyman
    3,013 Posts.
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    16/10/18
    21:45
    Post #: 36147398
    Section 249d does not stipulate anything with respect to what is considered a quorum for a 249d vote. I believe a quorum will achieved if over 50% of the total 'votes' participating are in favour of the resolution, regardless of whether there are still a significant proportion of shareholders that just don't 'turn up'. So, on the same terms that apply to AGM voting...
    Last edited by journeyman: 16/10/18
    TNG Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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