gberra,
"For a scheme to succeed it needs both greater than 50% of voters and 75% of shares voting in favour". Is that a generalisation of schemes like this or is it specifically stated in the arrangement documentation of this scheme? I have never come across the 50% of voters condition in any scheme such as this that I have come across. That would seem very odd and leave the vote open to expoitation by those who could organise a profileration of purchases by "friends".
I have glanced through the 100s of pages of the scheme documentation and haven't seen anything related to the what constitutes a successful vote in favour. Can anyone point to that specific item to confirm the 50% / 75% quotas?
gberra, "For a scheme to succeed it needs both greater than 50%...
Add DVP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.35 |
Change
0.080(3.52%) |
Mkt cap ! $570.2M | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.40 | $2.28 | $2.391M | 1.016M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1702 | $2.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 15000 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.36 |
Change
0.080 ( 4.08 %) |
||||
| Open | High | Low | Volume | ||
| $2.29 | $2.39 | $2.29 | 418573 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| DVP (ASX) Chart |