WBC 2.00% $32.14 westpac banking corporation

AustralianSuper's Ultimate Vote Of Betrayal Of...

  1. 7,026 Posts.
    lightbulb Created with Sketch. 181
    AustralianSuper's Ultimate Vote Of Betrayal Of Union Members, Aussie Public At 2019 Westpac AGM!

    13th Dec 2019: Black Friday. Unions Super Fund Ultimate Betrayal Of Members, Aussie Public.

    2019 Westpac AGM Board Spill Resolution # 5 Received Knockdown Support From Union Super Funds. Board-Directors Remain As Is.

    AustralianSuper, Key Union Based Fund, Holds $1.8bn Westpac Shares. Key Player In Voting 91% To Avoid Spill. Thus Keep Directors.

    https://hotcopper.com.au/data/attachments/1881/1881386-d97c54d9ecd52b9d16825e95fe7e9269.jpg
    So Where's The Ultimate Betrayal?
    * $14.58 loss in share price since Apr 2015
    * Share Price Crashed $38.66 to $24.08 = 38%.
    * Equates To $50,000,000,000 Loss In MC Of WBC.
    * Record Customer Remediation Costs Of $1.9bn. So Far.
    * Westpac Is Now No # 1 Banker-Financing For Terrorists, Drug Dealers, Paedophiles.
    * Facing Potential AUSTRAC Fines of $483 Trillion

    Just For Starters.

    Members Votes Were Used To Fully Support Above Actions Of Westpac Board-Directors.

    What's Worse? Members Have Approved Same Again!

    Complicit? Collusion? Negligent? Don't Care?

    There Is Zero Justification For YOUR SUPER FUND Vote.

    Every Union-Public Member Of AustralianSuper Has Been Betrayed.

    There are other Union-Based Super Funds, of course, that contributed to 91% Vote!

    DYOR...

 
watchlist Created with Sketch. Add WBC (ASX) to my watchlist
(20min delay)
Last
$32.14
Change
0.630(2.00%)
Mkt cap ! $110.5B
Open High Low Value Volume
$31.65 $32.17 $31.51 $166.5M 5.203M

Buyers (Bids)

No. Vol. Price($)
2 31000 $32.10
 

Sellers (Offers)

Price($) Vol. No.
$32.15 48013 5
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
WBC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.