The effort to make a case for identifying, with evidence, improper, unethical and possibly illegal actions by the FIU board and management is what we should be focused on, and then communicating this information to as many financial media outlets as possible.
Here's my list of improper, unethical and possibly illegal actions:
1. FIU board is working against shareholders interest in realizing the full value of FIU assets by selling assets at far below market prices to insiders (Anglo) and other South African miners (Gold One).
2. RBC has given false information to the FIU board in the form of an oral opinion about the value of FIU.
3. Suspicious trading activity, possibly wash trades, suppressing the price of FIU shares. This may be able to be proven with full trading details, but the cost of approximately 15k for this data going back three years.
[ Tell me what other issues should be considered. ]
To prove these points, we need trading data, full details of what the board has used for information about its decision to sell the assets, and other opinions from experts on the value of FIU's assets. Even if I had this information, it would need to be analyzed by experienced lawyers and the expense of that would have to be considered against the number of shareholders that feel their fundamental rights to receive full value from FIU's assets is being reduced.
So, if the vote is "yes" for either asset sales, then the court actions can commence. If the vote is "no" then fundamentally FIU shareholders have lost nothing from the value of the assets because FIU still owns the assets, so the problem shifts to dealing with the debt and management issues.