Could not agree more CNC, one wonders if they all took up their full entitlements too.
Certainly they are relatively if not absolutely well paid for their"services" and I think things like voluntary entitlement cuts would have been the first port of call. After all as the owner and director of several companies that is always my first port of call.
I feel Colliwobbles is wearing the rose tinted glasses in his analysis and not sheeting home some accountability to the Board where it rightly lies imo.
I would guess that:
1. Sophisticated European investors
2.the placement underwriters
3. Involved share brokers
4. Large shareholders
5. Insto if they are on the registry
6. The bankers
7. Generally concerned smaller shareholders and anybody else with a modicum of business expertise..
Would have concerns about the Board structure and how things have played out over the last few months.
Sitting there with the same salaries and entitlements while things turn to sh*the is not a good look.
I would expect that behind the scenes there would be pressure for reform from all these sources. I certainly feel this one factor in a pallette of needed reforms.
Could not agree more CNC, one wonders if they all took up their...
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