I was purely responding to your previous posts which are a bit misleading including this comment "2020 AGM is set to deliver 3rd strike...then what's required is VOTE Directors-Board Off..."
In regard to your new question, it will basically be up to insto's who hold voting power. Of course legal action by outside parties changes the landscape but it should be remembered that most of the insto's have regular briefings and often have quite a different view as to what is going on than retail holders on internet sites.
The 2 strike rule has merit but one of it's problems is that it now gets high jacked by agitators and other interested groups who can whip up at least 25% of the vote.
I am not for one minute suggesting Westpac Directors don't deserve another strike just the principle that it is becoming another tick off issue for many of our larger companies which diminishes the rules desired effect.
Alternatives don't seem to be high on the list for holders to consider!!
(I repeat, I am not writing this in support of WBC, just a general comment)
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
including this comment
(20min delay)