MPO 0.00% 14.0¢ molopo energy limited

some questions

  1. 949 Posts.
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    Some questions, await your response:

    1. Is it necessary for a company to seek shareholder approval to split or consolidate its share register?

    2. Is a simple majority vote enough to get the consolidation through, or does the vote have to have a 70% majority at the AGM

    3. Is each share entitled to one vote?

    4. If the top 20 shareholders only account for less than 20% of the shares, then how does the company expect to pass this resolution, unless it has some extra-special news that will convince the majority to vote at the AGM in favour of consolidation.

    Comments please
 
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Currently unlisted public company.

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