I'm not real impressed about the below from yesterdays NoM.. why should this mob get any sort of performance shares? 2ndly it was NOT voted overwhelmingly in favour, in fact I'd even push for an independent vote count whereby Noteholders are also involved.. Again these guys are poaching the egg before it's hatched.. they already have a sheetload of shares why bend over the ever patient shareholders again Angus? I can imagine the Noteholders would be ropable atm... Hey Board members, wakeup to yourself !
'As a result of the Company withdrawing its appli on the ASX , cation to list on the NSX and it is necessary for a number of the resolutions that were 28 July 2017 to be voted on again . S hareho now pursuing a listing passed by s hareholders on lders are reminded that at the meeting of s on 28 July 2017, resolutions 3 to 10 inclusive, all of which related to the variation of shareholders or issuance of various classes of performance shares, were overwhelmingly passed by all classes of shareholders who voted at that shareholders meeting. Shareholders are now being asked to consider near identical resolutions previously passed, save that all references to NSX have been changed to ASX.'
VNX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held