When Austrac announces its financial penalty for contravention of the law, retail shareholders & superannuants will cop it in the neck again. Pursuant that announcement, I would like to see every bonus & gifted share to every WBC Executive and Board member of the last 10 years clawed back, redeemed, & cancelled. ASIC should enact such penalties as mandatory for the lawless behaviour of all listed Corporations and Businesses.
I know, I know, I can hear you now, "tell ím he's dreamin''
Just wait and see how you feel when they have to do another cap/raise to pay for said penalty.
That's my b!tch for the day.
Claw-back
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