RFT 14.3% 0.8¢ rectifier technologies ltd

You raise an interesting point about the 38% voting against....

  1. 221 Posts.
    lightbulb Created with Sketch. 90
    You raise an interesting point about the 38% voting against. Maybe this is something ASIC are looking at?
    I believe the Chairman holds about 16.28% - how did he get the others to join him? If he communicated with the other 21.72% to vote against why didn't he communicate with all shareholders the reasons? If they're 'acting in concert' has he exceeded the 20% threshold and should have disclosed a much larger interest in the company? Food for thought.
 
watchlist Created with Sketch. Add RFT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.