Good luck anyone going to the AGM tomorrow. Hope you eyeball the independent directors and alert them to the recent case involving HML, another company which had a complex arrangement of related party transactions. The Federal court this week ordered the wind-up of the company "on a ground that can be broadly described as oppression, or on the ground that it is just and equitable"
https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2022/2022fca0978
Also Stockland this week revalued its Cherry Lane property to $60m, up 20%.
Good luck anyone going to the AGM tomorrow. Hope you eyeball the...
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