You have rights, make some noise
http://www.companydirectors.com.au/...l/Opinion-Do-not-forget-minority-shareholders
The Corporations Act 2001 provides far-reaching remedies for oppressed minority shareholders.
Directors should exercise their powers and manage the company in the interests of all shareholders.
However, majority shareholders may expect or demand that the company’s affairs be conducted in the manner most beneficial to them, even if that is detrimental to the other shareholders.
While minority shareholders often have little or no ability to influence the affairs of a company, directors must nonetheless act fairly between shareholders and ensure their decisions promote the interests of the company and shareholders generally, not just the majority.
Directors who fail to do so risk not only breaching their statutory duties, they also risk engaging in oppressive conduct. This can give rise to far-reaching remedies that can have a significant effect on the company and its shareholders.
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