board & executive members resigned as their "PLAN" to demerge failed... MCB did not throw them out...
which meant that comfy CEO paycheques and lurks were not coming their way and if they wanted to continue on AGL board they would also have to continue coming to Sydney - as that is where the head office is and will remain (for now).
Again... ASAP... does not mean act recklessly and also would also put AGL in breach of conditions put on them as an operator within the NEM.
AGL Price at posting:
$8.32 Sentiment: Hold Disclosure: Held
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(20min delay)