The disapproval from the large investment houses regarding the acquisition is evident. It raises questions about the decision-making process of the CEO and board in proceeding with such a substantial purchase without their consent. How dare they! That's preposterous. It may be beneficial to establish a regulatory ASX approval board, similar to FIRB, for any publicly listed company aiming to invest in its future growth. One stone, two birds: investors can quickly ascertain their position in this context, eliminating the necessity for a company board.
WDS Price at posting:
$20.30 Sentiment: Buy Disclosure: Held
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