So let’s say the well society vote to not give up the 51% stake in a vote that is split 60/40 within the well
society. What does that translate to when taken into consideration for the voting of the shareholders? Does a 60/40 vote within the well society mean that the full 51% equates to a no or does it translate to 30.6% for no and 20.4% for yes ?
edit:
you can see where I’m heading. If the 49% shareholders said yes and 20% of WS said yes, if the WS vote is taken as all or nothing you could possibly end up with a decision that the majority of shareholders don’t want.