Which beneficiary?
There were 6,700 shareholders.
It's impossible to act in the best interests of every single shareholder.
The fact that MIN now has over 50% goes a long way to showing that the majority of shareholders are happy with the BOD decision.
What proof do you have that they breached their fiduciary duty and did not act in good faith for the shareholders?
The fact they got shares and $$ does not prove anything.
They did not just sell their performance options/shares - they sold all their holdings.
Shows they believed in what they were advising.
The fact you, and many of us, don't like their decision, doesn't prove anything.
Do you have anything concrete, some proof that they acted in bad faith and breached their fiduciary duty.
- Forums
- ASX - By Stock
- NWE
- Ann: Change in substantial holding from MIN
Ann: Change in substantial holding from MIN, page-123
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm