Corps Act fiduciary requirements are that company directors act in the interests of shareholders. Legal. Ethical. All of it. In the interests of shareholders.
They aren't in trouble for it, there are plenty of justifications, but we all know they weren't acting for their existing shareholders. They wanted new and fancier shareholders, and they acted in their interests instead of ours. And those existing shareholders? We'll given them a little piece of the pie while we separate out 90% of the gains to the new fancy ones.
Ann: Strong Shareholder Support for Share Purchase Plan, page-11
-
- There are more pages in this discussion • 110 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.72 |
Change
0.080(4.88%) |
Mkt cap ! $1.311B | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.74 | $1.63 | $19.21M | 11.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 49024 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DRO (ASX) Chart |