Everyone is getting hung up on the finality of the EGM proposal.
Yes, my objective is a shareholder meeting but it can equally be the AGM. The 5% is still required to put forward a motion for resolution.
Please understand the merits of organised shareholders. How many of us have had perfectly reasonable questions ignored because the answer didn't conform to the hyped narrative? A shareholder group would be far more likely to get the answers they need.
Somebody on Facebook posted this. It's actually a really good explanation why this course if action is important in itself.
https://asic.gov.au/regulatory-reso...t-general-meetings-requested-by-shareholders/
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