Quickflix shareholders seek to spill board, implement turnaround plan

Thu, 20 Mar 2014

By Paul McBeth March 21 (BusinessDesk) - A minority group of shareholders in ASX-listed Quickflix want to remove the board of the streaming and on-demand video supplier, after losing confidence in the company over years of underperformance, a brush with insolvency, and a plunging share price. Quickflix investors with about 5.8 percent of the voting rights are seeking a general meeting to vote out the company’s existing board, made up of chairman and chief executive Stephen Langsford, Simon Hodge and David Sanders, and install their own dire...

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