The changes made within these documents is structured to protect the image of an underperforming company management team.
If u look at EMD 2024 annual report, possibly 2500 out of 3351 shareholders have unmarketable parcels could be cleansed out of the company.
I would go as far as calling these changes as an entrapment of small shareholders who don’t monitor their holding’s, travel overseas for longer then 6 week period or don’t trust the security of this technology.
It amounts to, that the company can introduce hindrances legally through the Constitution
Historical it is virtually impossible for small shareholders to determine what is allowable in a company’s constitution.
This technology vulnerabilities is being exposed nearly every day.
Why promote something as secure when it is not, that is why I still do serious stuff by snail mail.
Previously as part of the capital management if u didn’t bother to respond to the mailing out forms for less than marketable parcel it was considered as confirmation that u wanted to retain your shares
Furthermore the underhanded act by this company to entrap u if u don't peruse the material sent out carefully!
If your unmarketable parcel status changes too become marketable by the 1st of September, it still will be sold.
Read Q&A 8.
Even Automic group is abetting this behaviour with their introduction of hindrance to force people onto the internet.
Why would they send out the forms for the unmarketable parcel, proxy forms and notice of meeting without a reply paid envelope?
I believe that I’m still entitled legally to a reply paid envelope!
(20min delay)