g'day Singh8. The biggest SH according to MarketWatch is HSBC with 19.10% followed by Bruce Matheson with 6.30% followed by JP Morgan with 6.10% followed by citicorp with 5.80%
Now these are the same people which voted overwhelmingly (apparently),to keep these morons in office to continue along their merry way at the last AGM.
What i'm hopeing for is the new appointment of Kaber Mclean as CEO of HSBC Australia (effective as of 1st March 2021) to get an update as to performing vs non-performing companies in the portfolio's they have and start swinging their weight around.
Lets face it 100M is chump change for these guys,but 10 non-performing investments is around the 1billion mark. New guys are always keen to make a mark,and i sincerely hope once the ruler is put over certain positions they start making the big calls required.!!!
MYX Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held
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