How about this post where this was called out from an earlier presentation of Lakes from an Investor Presentation January 2020.
https://hotcopper.com.au/threads/jobs-l%C2%B2-lake-lilac.7141221/page-140?post_id=65714274
As I said yesterday, there is a mechanism called a 249D where 5% of holders can band together & put a challenge to the BOD & for any reason but they've then got to convince other shareholders of their reasons for this which will include the institutional investors.
Ann: Resource Connect Asia Future Facing Commodities Presentation, page-181
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