leave us alone, page-14

Control of a company requires say 51% of the shares....no change..
With meo for practical purposes it can be achieved by a lot less.....the reason is because the directors dont hold significant numbers of shares and are relativily new...(chairman..CEO and the consultant which had great influence have left) .and there are no current major shareholders that are agressive or vocal..or proactive..

An agressive major shareholder with an agenda (mosman has stated that they will agitate for new directions..buyback etc..)could easily control Meo with say greater 10% of the total shares....
because nobody could take control of Meo without going to talk to them first..
They could block any future takeover..

So ineffect they would control the destiny of Meo....its share price ...its reputation etc..etc..
At the very least they can cause a lot of pain by agitating..demanding..threatening...legal manouvering..etc..etc..
Dyor