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Emu NL Alters Board Election Plans Following Panel Orders

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Emu NL Alters Board Election Plans Following Panel Orders

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Emu NL ( (AU:EMU) ) has issued an update.

Emu NL has been involved in a series of procedural changes regarding its board of directors, following orders from the Takeovers Panel. The company was initially required to hold a general meeting to reconsider resolutions from a previous extraordinary general meeting, including the election of a new director, Mr. Keith Rowe. However, Mr. Rowe withdrew his consent to stand for election, prompting Emu NL to request a variation of the orders. The Panel has agreed to this request, further altering its previous directives.

More about Emu NL

Average Trading Volume: 291,780

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$8.56M

For an in-depth examination of EMU stock, go to TipRanks’ Overview page.

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