From the URFPA PDS
11.12 Voting rights
CPUs carry the right for CPU Holders to receive notice of, attend and vote at general meetings of Unitholders or URF Noteholders.At a meeting of members of URF, on a show of hands, each member, whether they are a CPU Holder or a Unitholder, has one vote. On a poll, each member, whether they are a CPU Holder or a Unitholder, has one vote for each dollar of value of the CPUs and Units they hold. If CPUs are quoted on the ASX, the value of CPUs is determined by reference to the last price at which CPUs traded on the ASX on the trading day prior to the poll. The voting rights for Units are determined on the same basis.
Respective mkt caps: URF approx. $108 mil, URFPA approx. $131 mil
Could URFPA holders put resolution to a general meeting/call a GM to stop forced conversion?
Disc: URFPA holder
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Ann: Termination of Purchase and Sale Agreement, page-12
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Open | High | Low | Value | Volume |
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5 | 469462 | 0.275 |
4 | 203121 | 0.270 |
2 | 194339 | 0.265 |
1 | 25000 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 226611 | 5 |
0.290 | 159391 | 4 |
0.295 | 115000 | 2 |
0.300 | 130690 | 2 |
0.305 | 33333 | 1 |
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