PPRuNe Forums - View Single Post - MERGED: Qantas grounded effective immediately.
Old 1st Nov 2011, 04:03
  #927 (permalink)  
aseanaero
 
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Teresa, that would buy 35,000 staff a mere 14.18% of the issued capital at todays price
It's still a significant chunk of shares and in the event that there's 'assymetric disclosure' between the staff shareholder and the institutional shareholders there's legal ramifications with very sharp teeth.

Maybe Qantas staff ALREADY own a significant chunk of shares .

I think the easiest way is as part of the arbitration that Qantas staff have a representative on the board , what's wrong with that ? It would be another Qantas PR disaster for that to be refused.


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