MGC 0.00% 43.0¢ mg unit trust

Worse Is Yet To Come?, page-147

  1. 7,026 Posts.
    lightbulb Created with Sketch. 181
    Very informative, but under circumstances para #1 last sentence is, or at leas should be, wrong!

    Why? At any time, as has already occurred, a Board Member or Members can resign.

    In these exceptional circumstances, 100% should resign. Do the honourable thing for farmers. NOW. Why wait for AGM?

    This would avoid-or se-step-constitution issues you site.

    PS: as an aside, your points highlight the need for a change(s) to MG's Constitution. And this is urgent.
 
watchlist Created with Sketch. Add MGC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.