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$66.27 wesfarmers limited

ask them how it meets the directors fiduciary duties to act in...

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Gindaldan

5,225 Posts.

1029

10/07/23

15:46

Post #: 68710777
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Originally posted by peejay2: ↑

Letter sent to WES Head Office.

“I wish to put on record my dissatisfaction with the Two Million Dollar donation made by Wesfarmers to the “Yes” campaign out of shareholders funds.If the board wishes to make a donation of that amount to a particular “cause” (and in this case a political one) out of their own pockets, then that is their prerogative. I must however object most strongly when Wesfarmers is seen to be supporting a political view to which I do not subscribe; and does so by using the funds in “my” company !I wonder if Senior Management of Wesfarmers prior to their “donation”, held a referendum amongst their employees to see if they too supported the decision to give away a significant amount ?I suggest the result of that referendum, would have been a resounding NO !Please refrain from becoming directly involved in politics and using shareholders funds to support causes which will inevitably alienate a significant proportion of your shareholders.”

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ask them how it meets the directors fiduciary duties to act in the best financial interests of shareholders. I’m perplexed how it does.

WES Price at posting: $46.88 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $66.27		Change 0.660(1.01%)		Mkt cap ! $75.16B

Open	High	Low	Value	Volume
$66.01	$66.70	$65.89	$105.5M	1.591M

Buyers (Bids)

No.	Vol.	Price($)
1	591	$66.26

Sellers (Offers)

Price($)	Vol.	No.
$66.30	10000	1

View Market Depth

No.	Vol.	Price($)
1	15	66.250
1	7733	66.230
2	4230	66.210
1	1776	66.190
2	5831	66.160

Price($)	Vol.	No.
66.300	10000	1
66.320	1430	1
66.350	7017	1
66.550	7146	1
66.580	550	2

Last trade - 16.10pm 06/06/2024 (20 minute delay)


Last $66.47			Change 0.660 ( 1.69 %)
Open	High		Low	Volume
$65.99	$66.70		$65.90	440277
Last updated 15.59pm 06/06/2024 ?

WES (ASX) Chart