I have now reviewed the language, and this is my take on it (not advice in any form, just my thoughts)

The fact that this is not an AGSM is meaningless with respect to whether or not a RS is intended. As per the previous vote, no further action is required of the shareholders, and the discretion to consolodate rests soley with the board (and can consolodate to any ratio up to the maximum as approved in 2015; 1:3)

IF however, the board does not use the approved consolodation prior to the AGM then it is off the table for the future without a further approval from the sharholders, see the following quote from the Info circular:

If the Board does not implement the Consolidation prior to the next annual meeting of shareholders, the

authority granted by the special resolution to implement the Consolidation on these terms would lapse and be

of no further force or effect. The special resolution also authorizes the Board to elect not to proceed with, and

abandon, the Consolidation at any time if it determines, in its sole discretion, to do so.

If we are going to have a RS then we will hear about it leading up to the AGM.