in all fairness, shareholders were given an opportunity to do something about it:
http://www.asx.com.au/asxpdf/20140508/pdf/42pjbrybm7zn56.pdf
and this was the outcome:
http://www.asx.com.au/asxpdf/20140612/pdf/42q5jjsfg161v6.pdf
this statement to shareholders is worth re-reading, imho:
http://www.asx.com.au/asxpdf/20140612/pdf/42q5jlyl2j67g7.pdf