I dont think that will be the case, the only institutional holdings are for the purpose of loaning out shares to short so they will do everything in their power to keep the current BOD. It is therefore up to the retail base to put up alternative directors and organise the numbers to vote against. Noting most existing retail holders who voted against last year have departed the register after zero attempt was made to correct the ship post strike one its going to be pretty hard to get the numbers. Best bet now is that an entity with deep pockets builds a position nearing 19.9% and then puts up its own nomination and commits its votes to a second strike, people would follow the shiny thing in that senario.
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