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10:48
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Originally posted by Hapman:
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Adhoc is the process that PNV adopts, there is no consistency. Again stop lowering the bar of which need to be met. At the very minimum do what our industry peers are doing, which is quarterly with proper form and format. i believe in Crown casino, Qantas as companies too, Crown no longer listed (had to be bought out coz it can longer continue being owned by Packer as its largest shareholder) and much of it due to incompetent/ignorance/cowboy risk management of the BoD and chairman (proxy of packer). Qantas is going to have a heap of problems going forward left behind by the exCEO.
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Once again, you don't understand the role of Boards in public companies. More often than not the role of BoDs are to be independent directors. The chairman isn't in management. Yes DW is far more involved than other Chairmans but that doesn't mean you chop and change a Board at the flick of a switch. Also comparing Qantas Board performance to PNV board is farcical.
(20min delay)