The Board has got to do something to arrest the rot.
This is the fault of the Board. The CEO pick was lacking in evidence of any retail experience and was not on an evidentiary basis made with any reflection of expertise or experience in the dairy sector or retail sector.
There were considerable governance concerns at Tennis Australia and issues at Jetstar and still the Board went ahead with the appointment.
IMHO long live the shareholders.
They need a better Board.
The ASX and ASIC will not help us. Their version of enforcement is a cruel hoax.
So market confidence in the ASX is like a Bermuda Triangle of sholders falling down in the winds of market manipulation and the sorcery of witches and weasels that make largesse payloads at sholder expense all in the name of some gender war or identity affiliation.
(20min delay)