I'm all up for directors getting assets (and those of their spouse) stripped and them seeing jail time if they acted illegally or held back information.
The shareholders got fcked. But the board was voted back in and if you held then and held now then and there was no informational held back illegally then it can be summed up as an investor mistake (in hindsight) to stick around and not sell out.
Unions and their exuberant demands may not have made any difference to the end result but it affects every business that has to deal with a unionised industry or workforce. Teachers in Vic are asking with threats of course, to have a 20% pay rise over 3 years. Unions are out of control.
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