REGULATION

Flinders shareholders in revolt

FLINDERS Mines retail shareholder Brendon Dunstan is taking the iron ore hopeful to the Takeovers Panel, protesting the company’s plans for a de-listing, 10% share buy-back, rights issue and the unmarketable parcels sale process.

Retail shareholders want the delisting vote reconsidered.

Retail shareholders want the delisting vote reconsidered.

Minority shareholders own a combined 21.8% of Flinders with an average shareholding of just 0.0006% each, but they are teaming up in a bid to protest the delisting plans announced last month, which are...

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