Only 5% required to call the meeting. Proxies can be secured once the meeting has been scheduled.
Don't underestimate shareholders capacity to bring about change when change is needed.
At the moment I don't see any oversight by an independent director. Run and contolled by one family. Mother and son. The other 75% of shareholders deserve a person on the board to ensure their interest are in fact being served. Not me, but I'm sure I know some outstanding candidates for the job.
QBL Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held