Majority of SH running with sentiment not logic at this particular time and justifiably so, stung for the second time in 10 days.
Corporate governance is the system of rules, practices and processes by which a company is directed and controlled. Corporate governance essentially involves balancing the interests of a company's many stakeholders, such as shareholders, management, customers, suppliers, financiers, government and the community.
BAL - BIG FAIL !!!! Hence ASIC please explain letter!!
If mgmt. was a little more experienced or had the right people on the job to efficiently run an ASX 200 company along with experience in corporate governance, we would not be having this conversation right now.
Think they hired a corporate governance person around winter time if memory serves... wonder if still has a job? ....Maybe it was IT guy who got the sack on Friday, ...who knows with BAL ??!!
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