more than his reputation mate.My Scots compatriots in Banchory...

more than his reputation mate.

My Scots compatriots in Banchory Scotland and Biggs who is in Melbourne - (how disfunctional is that) need to have a good read of Section 180 of the Corporations Act 2001 which obligates directors to exercise their powers and discharge their duties that a reasonable person would exercise and in particular in relation to the business judgement rule :a) make the judgement in good faith for a proper purpose, b) do not have a material personal interest in the subject matter, c) inform themselves about the subject matter they reasonably believe to be appropriate, d) rationally believe that the judgement is in the best interests of the corporation.

I am up to my eyes in other litigation but might come back to this one in the fulness of time. As shareholders we continue to suffer loss by the actions of somebody! Market confidence as well as material drop in SP has arisen from the actions of the JV.