WTC - WiseTech Global

[Dona Ferentes]

Thanks @Sean K . Just deciding whether to throw a few lazy ones at this puppy.

If I had founded a company and influenced 50% of the stock there is no way I'd be re-employed on a measly $1m and have to report to the CEO just for the sin of having waved the flag here and there.

Are the board members and Chair who resigned AICD types in lala land or do they have runs on the board at managing v. large companies or founding a company themselves.

Is the company a goer without these board members?

gg

evidently , there's little discrimination between waving a red flag and having a target on your back, if you deviate from conventional norms, or get caught, or attract a litigious one .

 

[Garpal Gumnut]

evidently , there's little discrimination between waving a red flag and having a target on your back, if you deviate from conventional norms, or get caught, or attract a litigious one .

Well I've backed the man who raised the flag up and down and up !!

gg

 

[Sean K]

evidently , there's little discrimination between waving a red flag and having a target on your back, if you deviate from conventional norms, or get caught, or attract a litigious one .

The law firms have examined allegations, including that Mr White failed to disclose a number of “close personal relationships” in the workplace with the board, had misused WiseTech funds to have plastic surgery in 2019 and host former lover Linda Rogan in New York; and engaged in bullying, harassment and intimidation – an accusation raised by former director Christine Holman.

Last November, chair Richard Dammery said the review had so far found “no evidence” of misconduct and the external lawyers had attributed Mr White’s behaviour to “creative abrasion”.

Not long afterwards, WiseTech co-founder and director Maree Isaacs sold her stake – totalling 10.2 million shares – to Mr White.

Mr White, who is worth about $15bn, tried to bankrupt Ms Rogan after she alleged he offered her business advice and a $13m mansion in Sydney’s Vaucluse in exchange for sex.

 

[kenny]

Is the business itself going well, though? Is the sector it plays in requiring its services to improve efficiencies?

 

[kenny]

 

[kenny]

For me a timely and relevant question is how are they handling the impacts of generative AI like ChatGPT, Gemini, Claude and Llama?

Whether it's optimising their Cargo One platform functionality to improve customer productivity or streamlining internal processes to improve margins; it would be nice to understand their strategy to defend market share and capitalise on this technology.

Especially since every competitor and wannabe start-up will be looking at genAI as their leverage to act on the adage;

"Your margin is my opportunity."