buying WLD @ 84cents, page-19

Re management, you probably know the story of Mauro Balzarini: CEO from 2004 (when he bought the family interest), managed Wellard shipping since 1994, and entered the company in 1985 as technical manager. So he knows the business well and overseen it's growth. You also probably have read that Mauro owns a significant portion of Wellard (about 37% through Wellard Group Holdings). So he's committed.

What you may not know is that fund managers and instos are concerned about the "management by exception" approach to corporate governance and ASX compliance and reporting. It's indicative of an inner focus on the business traded against the expectations of external stakeholders and investors.