Anyone up for putting in a shareholder proposal for AAB to start winding down its investments and distribute the cash to shareholders? The next annual meeting is June 2013, but you need to start these things earlier.
We might need to finesse certain things -- like getting shares of Sulliden in-kind rather than have them dump all that stock. Either way, I think a proposal would be a great vehicle for airing our grievances against management and keep the pressure up on them to perform. At this point, I want to realize my NAV or something somewhat close and be done with the company.
Anyone know how to for Canadian companies? For US companies, they usually have a set of instructions with deadlines in the latest proxy. Also, could anybody attend the annual meeting in order to properly present the proxy?