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21/07/23
19:58
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Originally posted by Empty Nose:
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scott was a director the minimum number of directors is 3. if 3 remaining directors are ousted the 249d group nominated 2 directors. that would leave only 2 directors 1 less than the minimum the play was obvious. 249d group outplayed this time. hopefully only a minor setback took a long time to launch 249d then time to set up forms meanwhile, directors steal cash. though cash is not the main game, LLL shares are. is there an asx rule that temporarily allows 2 directors, especially for suspended company with no actively managed assets. or resubmit forms? or no need to resubmit? amend, add?
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didn't we have a whole board walk that need replacing, and can't see why Eric couldn't step up for 12 months or so.