There's a poster on HC, Lowkey, who has at the foot of each post, a cynical adage which states something along the lines of 'where politics and economics are concerned.there are no morals/ethics'. I suspect the intended vestment of undeserved 'performance rights/shares' will be regarded as insurance against being booted from the Board at some point.
Be that as it may, I feel the boot should definitely be applied.The great work done by Roblun, who seems to have gone away in disgust -who can blame him?- tells me there has been dodgy work going on, to say the least. In the absence of regulatory oversight, retail shareholders, other than delivering mild punishment in the form of voting people off the Board,have little recourse, except to jointly seek legal opinion as to the legality of Board behaviours. And,if malfeasance is found,to commence a class action.Easier said than done,I know, but there comes a time when we have to say 'enough is enough'.
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