I expect resolution 11 won’t be too far away for the second 1 for 20 shares consolidation in our lifetime disregarding diluted retail holders to be outvoted by HNG, Sandy, all and sundry HNG directors and their listed managed fund.
What have all these stealth interests got to do with a turnaround for AN1 other than opportunity knocking?
The increasing encroachment of the HNG white knight (we thought) and its questionable wide cohort could be a step to
a reverse knock out M&A and walk away with the spoils. All in plain sight.
Ann: Notice of General Meeting/Proxy Form, page-6
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