UNV 0.00% 16.0¢ universal coal plc

Well it's out on ASX already. So this pretty much sums it up -...

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  1. 4,708 Posts.
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    Well it's out on ASX already.

    So this pretty much sums it up - balance of board power is lost. Why any shareholders or holder who aren't these two companies would vote Yes to remove JOhn is beyond me.

    I hope everyone here makes their vote count - no matter how big or small your shares are in voting No, as I can't see any benefit at all apart from those directors seeking his removal....

    They alert you to the "take over provisions' for context - which is VERY TELLING, as subtle/direct as they can put it.
 
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