Keybridge has called a GM for next Friday 27 June 2025 to remove the Board of YOW.
Voting cut-off will be any day now ---- so make sure you vote.
If anyone ever needed a reason to change this Board, here it is.
This is probably the ONLY opportunity shareholders will get to change the Board, and to replace them with credible alternative directors.
You probably are not aware yet, but the NSW Supreme Court just ruled against YOW, and has ruled that the meeting this Friday will go ahead.
Here is certain extracts from the Judgement.
http://www.austlii.edu.au/cgi-bin/viewdoc/au/cases/nsw/NSWSC/2025/648.html
Quote:
6..........."It is apparent that he has relied on information provided by Mr Patton and Mr Bolton, the latter of whom resigned as chair of YGL on the morning of this hearing, in respect of significant matters and has not adequately engaged with significant steps taken by YGL, including its provision of information to ASX that is false and misleading in a significant respect. By a second affidavit dated 18 June 2025, Mr Ranger referred to dismissal by the Takeovers Panel of YGL’s application to the Panel and to the fact that YGL had now initiated the process of review of the Panel’s adverse decision to it.
This from PUBLICLY AVAILABLE on the website above.
- Mr Ranger was cross-examined. He gave guarded evidence, frequently qualifying his evidence by reference to the extent of his recollection. It is neither necessary nor appropriate that I reach a credit finding in respect of Mr Ranger, and I do not do so, where it is possible to determine this application by reference to uncontroverted documentary evidence. I am not persuaded by Mr Ranger’s denial that YGL had purposes in postponing the YGL 249F Meeting beyond those which it had identified in an ASX announcement. I address those purposes below.
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