With any sale of the Arck there will have to be a vote by share holders, as I said before, the resolutions were passed at the last AGM with only one third of the total number of votes on issue. This makes a mockery of the system when two thirds of the share holders were not able to vote because their votes are held by a custodian. On a vote as important as the sale of the Arck. surely there must be something in the rules that says a majority of share holders must vote in order for the vote to legal. IE more than a certain %age of the total number of shares on issue, not the majority of votes shed at the meeting. Can anyone shed any light on this subject please. Thaks, retep.
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