Snippet from an article below in The Australian today. Thanks to social media and royal commissions, mum and dad SH are finally making their voice heard loud and clear. Good luck to any board that thinks we can be ignored!The temperature has been turned up in the boardrooms of corporate Australia as the jewels of our market are being scorched by the banking royal commission.
BHP is squaring off with an activist investor packing heat. And Get Swift looks doomed to be the latest casualty of class action lawfare.
There is an edge to shareholder activity that wasn’t there a decade ago, with an aggressive shareholder class action market and far more activist activity taking place in the public glare rather than behind closed doors.
