Thanks GSMI, but I think the chances that this is a special resolution is low then:
could be considered as a strategic or commercial decision and it looks like according to the
corporations act it is classified as ordinary.
Ordinary resolutions are not specifically defined in the Corporations Act and need only a simple majority (i.e. more than 50% of votes cast in favour) to pass.
Some decisions that may only require an ordinary resolution include:
election/re-election of directors
appointment of an auditor
acceptance of reports at the general meeting
strategic or commercial decisions
increasing or reducing number of directors
passing a board limit resolution (for public companies).
TGS Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held