From the posted article*QuoteFinally, it should be noted that...

From the posted article
*Quote
Finally, it should be noted that directors only have to face their employers, the shareholders that is, once a year at the annual general meeting. This AGM season there were at least two cases where chairman suppressed reasonable shareholder dissent.

Shareholder activist Stephen Mayne, despite questioning the boards of Toll Holdings and Seven Network in an entirely reasonable manner, was suppressed by Kerry Stokes and Paul Little (acting for chair Ray Horsburgh).
*Qnquote

I am not surprised that this happened (assuming this is a reliable source since its the SMH!!!!)......it's kind of what I am expecting to happen at the AGM for VCR.

I believe the directors are well aware of the SH dissatisfaction and would do something like this.

This is why SH must band together and communicate in numbers.

Time will tell.