27-12-2014, 03:39
You've misunderstood. The company can still issue the shares; what the shareholders voted on was permission for the board to launch a share issue without offering the shares to existing shareholders first. The motion failed not because of a minority of disgruntled shareholders but because some of the significant shareholders don't want their holding diluted, but it's unlikely they'd be totally against the investment required to give their own current investment any value.