BRK 5.00% 1.0¢ brookside energy limited

It is likely a standard resolution, it was there last year and...

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  1. 1,003 Posts.
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    It is likely a standard resolution, it was there last year and likely just added as course. Last year over 99% voted for it.

    Up to everyone to vote how they want, but if you want to indicate your displeasure with recent raises vote no... but i would expect it to pass regardless of what people on hotcopper do.

    If you are still extremely annoyed about it all, then read the explanations of the ratification resolutions, there is the potential that if they are not ratified they will come off the amount that can be issued in the next 12 month period i.e. reducing the 15% allowance

    I see the main reasons for needing to utilise the available facilities being:
    1) purchase of acreage
    2) purchase of working interest
    3) accelerated/booking drill crews
    4) accelerated/booking completion crews
    In saying that theres is a good chance neither 15% nor 10% facilities are used in the next 12 months.




 
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