PPRuNe Forums - View Single Post - Merged: Qantas Engineers Set to Strike

15th May 2008, 13:15

#152 (permalink)

AEROMEDIC

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I'd suggest the shareholders, who's interests he is legally obliged to act in, would

Are you talking about the same shareholders (of which I am one) who were almost sold down the river with the takeover deal. The deal endorsed by Dixon and the board giving themselves millions of dollars in shares. ???
Are you talking about the shareholders that would have seen the company debt/equity ratio go from 25:75 to 75:25 ???
When a board blinded by greed fails to carry out checks on a consortium that is attempting the takeover to see if they are adequately and properly financed in a manner that is in the interests of the company, then that's failure of their fiduciary duty.
ASIC is legally obliged to step in, charge, convict and jail these morally bankrupt persons.

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