WBC 1.67% $31.80 westpac banking corporation

AustralianSuper's Ultimate Vote Of Betrayal Of..., page-13

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    HESTA Super Ultimate Betrayal Of Health Care Worker Members...

    13th Dec 2019: Black Friday. Unions Super Fund Ultimate Betrayal Of Members, Aussie Public At Westpac AGM.

    2019 Westpac AGM Board Spill Resolution # 5 Received Knockdown Support From HESTA Super Fund. Board-Directors Remain As Is.

    HESTA, Key Health Care Based Fund, Holds $Billions of Westpac Shares. Key Player In Voting 91% To Avoid Spill. Thus Keep Directors.

    https://hotcopper.com.au/data/attachments/1883/1883587-ad3cd3a0345e110e924c2cbae4f4dc76.jpg
    So Where's The Ultimate Betrayal?
    * $14.58 loss in share price since Apr 2015
    * Share Price Crashed $38.66 to $24.08 = 38%.
    * Equates To $50,000,000,000 Loss In MC Of WBC.
    * Record Customer Remediation Costs Of $1.9bn. So Far.
    * Westpac Is Now No # 1 Banker-Financing For Terrorists, Drug Dealers, Child Sexual Exploitation**, Paedophiles**.
    * Facing Potential AUSTRAC Fines of $483 Trillion

    Just For Starters.

    Members Votes Were Used To Fully Support Above Actions Of Westpac Board-Directors.

    What's Worse? Members Have Approved Same Again!

    HESTA: Condoned. Complicit. Collusion. Negligent? Don't Care?

    There Is Zero Justification For YOUR SUPER FUND Vote.

    Every Union-Public Member Of HESTA Super Has Been Betrayed.

 
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