Special Meeting/Return of CapitalThe primary reason for this meeting is not VN Capital, it will be to reduce the paid up capital so they can pay out the dividend tax free. Note how they say VN and other business. They stopped the dividend so they could pay out in a tax efficient manner so this is it. Since there is a meeting anyway, they will let VN have their vote, knowing full well it has no chance to pass unless the big shareholder agrees. Normally such motions get resistance from the company, there is none here
Maybe there will be a deal or a sale to announce, a sale would also require a vote, but in the event there is not, i will be happy to get the cash and wait it out until it does sell PNG and other asssets and distribute more cash.
The small service companies like Essential and CWC are disappearing, HWO will too and it should. There is very little interest in Canada