"Directors hide behind shareholder funded insurance policies, offering outrageous and frequently ignorant and misleading comments and opinions, without any accountability....I find it quite amazing that ASIC allows it to continue"
LOL, so many companies I have lost count...going back to EGO days and recently BIG....the list of directors on ASX presiding over wealth destruction in the billions is mind boggling....and most never face the music or use shareholders own funds to defend themselves.
I often hear of directors laughing at HC posts/ content, and I find many of them don't even realise many here sit in their T50 T20 registers. and a bunch of others either posting themselves under anon names, or their brokers posting as punters....plenty of this going on too.
If you look at some of the resolutions being withdrawn and defeated lately, I think places like HC have a lot to offer the power of individuals...take a look at KAR recently and the strike 1 remunerations also.