RE:RE:RE:What happened to the Shareholders right planrrr1982 wrote:
That might be true, but shareholder let them by not voting. It is not like they hold all the card.
I don't recall any vote on removing the shareholder right plan. No discussion, no mention, no vote. It was simply removed. The plan was in place strictly for the benefit of the shareholders and it was removed when Fortescue did one of their rediculus 5 cent financing and got their director added to the board. Only the TSX allows this kind of transactions.