PDY 0.00% 0.7¢ padbury mining limited

jskf,5% of shares on issue can call for a meeting, 249D, to...

  1. BT
    377 Posts.
    jskf,

    5% of shares on issue can call for a meeting, 249D, to replace a board member or all for that matter.

    First you need to find someone prepared to front up and put their name forward.

    Public companies must have 3 director so can't just call for removal of one in this case without nominating a replacement.
 
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