Originally Posted by
romeocharlie
Ken, I hope that JB and his fellow compatriot board members have more than lawyers when the next investors meeting is called.
Surfstitch just got sued for $100 million for similar with their share price, I don't imagine VAH is far away from that either.... Someone has to be held accountable for losing this much money.
They need to realise that it's not their money but belongs to shareholders. The problem is though, as is the case with the large institutional investors in Qantas, they are not concerned with ordinary shareholders losing money. The law does need to be strengthened to stop practices that are tantamount to fraud though.