As I mentioned some time back. Myers had sol lew after the boards blood, and part of his argument was the appalling loss of value of the shareprice.
Rio tinto CEO and two top executives sacked by the board after the shameful destruction of history and culture. Poor governance and oversight.
Then there's AMP
Then the banks.
So what makes these guys think they can treat shareholders in such a cavalier manner. There should consequences for bad management.
Share price now less than 1 cent pre consolidation. Outrageous incompetence or perhaps worse.
And they say the U.S. election could bring on a stockmarket crash. What price then?
VOR Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held