- 27 December 2010
Personally I think the independent directors of WRT should be sacked for failing to act in the interests of all the WRT shareholders. The meeting has been postponed for up to a fortnight. It would be interesting to see if ASIC takes any interest, even if only to look after the small retail share holders that appear to be being steamrolled.
I was reading the news flow yesterday and couldn't help but chuckle each time the reporter would make another joke about something causing a delay in the meeting.
On a more serious note though, it really doesn't feel like a publicly owned company does it!?