Apr. 6 at 3:45 PM
$MREO Wanted to give a little more info on the increased volume and big block buys we saw Friday and this morning. Tomorrow, Tuesday, April 7, is the official Record Date for the AGM on May 14th. Because of T+1 settlement, today is the absolute final day an institution can buy shares and have them "settle" in time to vote on Proposal 10 (the Allotment Authority). To be officially recognized as a "Shareholder of Record" by the transfer agent on April 7, an institution must execute their buy order today, April 6. Shareholders holding at least 5% of the paid-up voting capital have the right to requisition a general meeting or require the company to circulate a statement to all shareholders. Certainly we will see this in future filings.
