
Note from Joe
ASX explains itself. Poorly.
Fund managers are now trying to price the unpriceable risks of berserk founder-CEOs and of being transacted out of high-performing companies with zero recourse.
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Fund managers are now trying to price the unpriceable risks of berserk founder-CEOs and of being transacted out of high-performing companies with zero recourse.
Eternally unfulfilled, Boral's CEO is baiting all the hooks that he can.
As he goes under, Gupta is attempting to asset strip Australia's essential steel producer to pay off Lex Greensill's administrator in London. Doing so may well push InfraBuild under, too.
Because multiple governments have enabled Gupta’s stalling tactics, small businesses on the Spencer Gulf are now owed vast sums of money they’ll be praying Peter Malinauskas will guarantee.