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clock Created with Sketch. 16/07/24
09:03
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Originally posted by coto:
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Wise words, yes, I think with clever thinking outside the box and prioritising the contacts towards holders which we know can be swayed, we can save costs. For example, perhaps long-term major retail holders who may be very sick of this share price decline, could be more open to voting with us to strike directors out. Whereas those holders with prior relationships or holders associated with the current directors will likely vote in favour of current directors due to the loyalty factor. There may also be institutional investors hanging around and wanting a share price demise because they could get involved in potential future capital raises and make money from any consequent low ball discounted raise level. Something to be aware of because they may want to keep these type of lifestyle characters involved because it helps a declining share price.
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Maybe we could allocate a certain amount to be mailed to each person? Say if there were 20 of us we could post 100 each which is 2000 that we reach out to. This could ease the burden of someone having to be responsible for handling money and posting so many envelopes
