Please give me examples where the activist shareholder spirit was able to get ASX listed companies to make change based on their shareholder thoughts, recommendations and expectations of the board.
Unlike you, I choose my battles, my time way to precious trying to straighten up incompetent management and boards (I am happy with MSB) and more importantly can I, you or any shareholder do a better job than MSB are, the answer for me is NO. If you answer yes get a placard go to there office and start protesting, if you have the time, or call the company and apply for a position where you can have more influence on change and culture.
Have you ever run a business or managed people, I bet you their was a percentage of your staff that thought you were not doing the right thing, or you might have been incompetent, how did you deal with their feedback. Did you change, processes, or the way you managed because the staff member who works for you told you so???? Yes their can always be improvement in any organization, and I am sure you had staff who thought you were doing a great job, just can't make everybody happy, fact of life, I am happy with MSB board others are not, just the way it is, my opinion not important then your's.
Go the blaster
MSB Price at posting:
$1.35 Sentiment: None Disclosure: Held
(20min delay)