G'day ROEROC. Im not a LLC holder but have been watching it for a year or so now. I reckon it's great Aware Super is flexing its muscles and believe the super industry needs to do a lot more in holding boards to account. I look to the recent example of Origin where AusSuper used its holding to block a takeover which the Board supported. Look at the downside commentary at the time about a sliding shareprice if the t/o failed. Look at Origin's shareprice since.
Given the super industry manages the retirement savings of so many Australians, they not only have a right to intervene when they see a need but also an obligation.
Cheers (esp to what's looking like a good green day).
Changes is coming, page-4
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$5.41 |
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| Open | High | Low | Value | Volume |
| $5.45 | $5.48 | $5.38 | $18.36M | 3.391M |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.41 | 15575 | 2 |
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