Pretty sure that if the CEO of NAB suddenly turned up as a massive shareholder in the ANZ that their Board would be having a few things to say and he/she would be shown the door.
If nothing else it shows an appalling lack of judgement on RM's behalf. He is the very public face of our minnow explorer at a very delicate time as we sit in limbo. To be seen very publicly taking a very large and strategic stake in another company is frankly perplexing.
It's rash and not very confidence inspiring for the long suffering shareholders of this company.
Hopefully the method behind this madness will be revealed and hopefully it proves to make sense.
Again we all wait.
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