unit holders need to above issuing new cap?

A point just raised on another site was that BBI ordinary holders need to approve any agreement to issue more than 15% of new capital.

Is this correct? any more info on this?

Obviously the majority of us have come to the conclusion that BBI ords will be worth less than toilet paper after the dilution by SPACS, BEPPA and then the cornerstone investor.

So my question is, if you were a BBI holder are your 6cent share is about to be diluted to virtually nothing, why would you approve the issuing of new capital. Why not stick it to the board, vote no, see the company wound up. At least then the board gets a bit back for trying to screw everyone over.

Eitherway as a BBI ord holder you end up with virtually nothing or nothing, so theres no real difference