I was pleased to see that both the ASIC and ACCC dogs have been let loose on the Rat over these events by the Govt.
The fact that the Rat was able to direct passengers to Jetset and reward themselves for what they did deserves the harshest criticism. Lets see what the ACCC come up with on pricing at Jetstar because they were in the information loop and I hope the fares were pushed up before 5pm Saturday.
While they are at it, ASIC should be looking at whether institutional shareholders were as equally informed as Retail shareholders for the AGM. Every instinct in my body says they had more information and lets see if that pans out. I hope they check the personal diaries of every Rat Exec to see who they met up with in the period 18 October to the AGM as well as any linked emails.
This whole issue warrants a stringent multifront investigation and if any private equity bid arrives a Royal Commission.
If they need volunteers to help search, let me know.