DTE 0.00% 13.0¢ dart energy limited

"a new member on the board may push things along"A new member on...

  1. 612 Posts.
    "a new member on the board may push things along"

    A new member on the board may - or may not do all kinds of things that may - or may not be in the interests of the majority of shareholders.

    But New Hope aren't wanting to put just one new member on the board. They want to replace almost all of them.

    NH previously had one board member anyway (as explained in Dart's response to NH announcement) and declined to replace him when he died.

    For all that time, having a New Hope appointment on the board made no difference to the slide in SP.

    And when add up New Hope's desire to control the board, their recent big buying and the amount of manipulative trading lately - there's one possible conclusion that's hard to avoid.
 
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