As stated in the decision of Gambotto v WCP Ltd (1995) 182 CLR 432 at 447:

A share is liable to modification or destruction in appropriate circumstances but is more than a ‘capitalized dividend stream,’ it is a form of investment that confers proprietary rights in the investor.

With reference to the above, case law and statute as necessary, analyze:

1. the decision of Gambotto and the fraud on the minority remedy;
2. the statutory oppression remedy in ss 232-234 of the Corporations Act 2001 (Cth);
3. the distinction between the fraud on the minority remedy and the statutory oppression remedy; and
4. how these two member’s remedies attempt to achieve a balance between the interests of majority shareholders and minority shareholders.