Tidy Towns Pty Ltd was set up to acquire land and establish permanent parking villages for owners of tiny houses. The shareholders are a group of wealthy self-funded retirees. The directors of the company are former bank manager, Grant Pilley and former actress, Missy Sissy. The company acquired a large block of land in rural Queensland but after four years are unable to obtain council permission to develop the site as intended. The company sells the land for slightly more than the purchase price.

Fred and Ginger, two of the shareholders, are upset as they think that the land should have been sold for a higher price. They have also heard rumours that the land has been sold to another company owned by Grant and Missy.

Required: Provide advice to Fred and Ginger about what rights they might have under the Corporations Act to address their concerns.