techthumb I would think just based on information that is either in the public domain or using a bit of common sense that the large funds would most likely want their cash back & to move on.
We have FORAGER - as you said, they have stated numerous times they want their cash back - That's 15.3% of registry
You then have Investor Mutual. Let's assume that they too would most likely want their money back due to the bad association of being invested in a company that has basically closed shop (Radio Rentals) and the Business Division is worth ZERO - That's 7.19%
Then the group of shareholders calling the meeting = 5%
Total = 27.49% vs Major shareholder 30.7% leaves 41.81% open.
Again assuming Investor Mutual are sick of Thorn, I think it is not a slam dunk by management.
It will be a close and for whatever my opinion is worth, unless TGA make a substantial capital return/divi before the meeting I think they may have a fight on their hands.
TGA Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
