Voting for a Company deal would be a normal resolution not a special resolution so simple majority wins the day.
If deal involves BBIG, TIO cannot vote so it will be a simple majority of all other shareholders who actually vote.
In this case, yes, OCJ vote will be the deciding vote, however that is incidental and quite dissimilar to the De List proposal.
To be fair it has always been largely acknowledged that the actions and intent of OCJ are pivotal in any decision going forward and their holdings have been crucial to minority holders to date.
- Forums
- ASX - By Stock
- FMS - "The Foundation Customer"
Voting for a Company deal would be a normal resolution not a...
-
- There are more pages in this discussion • 340 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RHK (ASX) to my watchlist
|
|||||
Last
81.0¢ |
Change
0.050(6.58%) |
Mkt cap ! $161.8M |
Open | High | Low | Value | Volume |
83.0¢ | 84.0¢ | 80.0¢ | $53.67K | 65.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 81.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.5¢ | 4999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.810 |
1 | 1243 | 0.805 |
1 | 8044 | 0.800 |
1 | 2000 | 0.750 |
1 | 25 | 0.740 |
Price($) | Vol. | No. |
---|---|---|
0.885 | 4999 | 1 |
0.890 | 9868 | 2 |
0.910 | 20000 | 1 |
0.950 | 915 | 1 |
0.980 | 10000 | 1 |
Last trade - 14.47pm 04/09/2024 (20 minute delay) ? |
Featured News
RHK (ASX) Chart |