I see your point, but boards need generalist expertise, and people with good business nous and good judgement too.
A few years ago our banks were run by boards of career bankers, and the boards of our big mining companies were choc-bloc with mining engineers.
As we saw in the course of the Hayne Royal Commission, and more recently when RTZ blew up Juukan Gorge, this practice didn't work out too well for anybody, and has cost shareholders tens of billions of dollars.
I'm happy to trust the CSL board to make these decisions - after all, they've hardly put a foot wrong in 25 years.
I see your point, but boards need generalist expertise, and...
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Last
$293.00 |
Change
2.260(0.78%) |
Mkt cap ! $141.5B | |||
| Open | High | Low | Value | Volume |
| $294.00 | $294.75 | $290.82 | $491.6M | 1.702M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8192 | $292.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $293.06 | 12368 | 5 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CSL (ASX) Chart |