They sit like pumpkins taking huge fee's and then diluting the hell out of the stock, then have the audacity to take an effective 44 million out or the pot compared to paying 60 million to the long suffering unit holders. I say sack Westpac who are leaches and do nothing anyway. Epic have all the management that we want lets get rid of the management layer above and make some real money.
Think if this is taken over for $2.50- $4 what the performance fee ill be then its outrageous!
HDF Price at posting:
$1.72 Sentiment: Hold Disclosure: Held