My understanding is that today's hearing related to the EGM that Richard and Melanie requested back in December, a request ignored by DP, as well as the resolutions that DP tried to push through???
Anyway, with regards to the EGM, once the requisition forms are served on the company, JRV MUST call an EGM within 21 days, and the EGM must be held within 2 months of it being requested by the shareholders. Another option is that Norm Seckold can call the EGM as he holds more than 5%. (Here's a link to the relevant section of the Corps Act: http://www.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s249d.html ). So, if the 100 plus requisition forms are given to the company today, for example, we can expect the EGM no later than 2 months from now.
I'm just assuming that those working behind the scenes are pushing for both methods of calling the EGM to ensure that it's successful, that a strong unified message is sent and that slippery snakes don't slither out of their obligations.
You would think that DP might start getting the message soon.....??? Most people would just go gracefully...
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My understanding is that today's hearing related to the EGM that...
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