Well if passive investors aren't going to vote, you can bet active investors are going to suggest things that disadvantage them. You're right, something so bla

Well if passive investors aren't going to vote, you can bet active investors are going to suggest things that disadvantage them. You're right, something so blatant probably isn't allowed, but offering cheap convertible bonds, which passives won't buy, convertible to preferential shares that can pay different dividends. That's plausible, as are 1000 other things. I don't want to do a Godwin, but if you don't vote, someone else will still vote for Hitler, and genocide isn't the type of question citizens vote on.