https://www.investordaily.com.au/re...2de0d10cbd62c95218b3d8ede97850157d13f8a558cb2
Now I know that link above is in regards to "managed investment schemes that they must act in the best interests of members.”,
I am not (obviously) legally trained and would be surprisedd if there were any hanging around on hotcop threads,unless chasing ambulances, but......
My reason is that all Directors on ASX have that same obligation to act on behalf of shareholders. And I cant understand how this turn of events has any reference to be acting in shareholders interests.
As we are not the only mugs on the ASX being shafted at the moment by a company's board.
Rant over.
https://www.investordaily.com.au/regulation/54513-directors-hit-w...
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