RE:RE:March 13, 2023 Record Date for VOTINGBaldSilverHead wrote: Ok I'll negate half of what he holds
<br /> Maybe this will cheer you up, nothing else seems to. It math magic. First of all, only disinterested shareholders vote. So not Bruce. Second you "negate" the yes vote 2:1 not 1:1 because we block the deal with only 1/3 of eligible votes cast. So, for example, if the yes vote is 2,000,000 shares we only need 1,000,001 to block. For every 100 no votes, they need 200 + 1 to win. Feel better? How about we run through the numbers in total. No way 100% of shares will vote, just like politics, not everyone votes. Let's assume about 70% are eligible and vote. That's about 390 million shares. We need 130,000,001 to block. They need 260,000,001 to win. So which side looks easier ? Lobby ISS and Glass Siegel hard for a proxy vote recommendation rather than just rant on this board. Lob some calls and e-mails in to the big players like Orion. Johnny Goodman and Dundee used to own a big block. Sprott maybe? I doubt they care what we think but I also doubt it would hurt. The bad news is index funds and ETFs are notorious for voting in favour of all management recommendations, though sbb is still small capish so not held by big indexers and closet indexers. Good luck.