"You would be hard pressed to find a case in Australian corporate history where small shareholders have had any sort of meaningful victory against the board or management of a listed company."
I can think of one -a company called Mutiny Gold MYG about 18 months ago and HC was part of the reason for the company having to take a good hard look at it self with the then MD resigning it worked out well for shareholders as company is now being taken over by DRM
THere was a lot of provocation by the company with threats of taking people on HC to court but sense prevailed
SBB Price at posting:
5.4¢ Sentiment: None Disclosure: Held
