The $29 million of its members’ money the fund has plunged on Nuix since June last year was worth less than $13.9 million at close of business on Thursday.Ann Liguori at the 2019 PGA Championship.ĮLMSFORD, N.Y. Shares in the company hit a new low on Thursday of 86 cents, meaning anyone who bought into the original issue in December 2020 has done nearly 90 per cent of their dough, so it’s not clear to us why Australian Ethical thinks it’s a winner. global and local regulatory bodies, law firms and advisory firms.”
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Oh, and then there’s the matter of another legal action on the go, this one from former Nuix CEO Eddie Sheehy over up to $183 million in share proceeds he says were wrongly denied to him.Īn Australian Ethical spokesperson told us the fund was considered ethical investment “because of the positive service it provides through software that is used by. So CBD asked Australian Ethical how a company under investigation by the corporate regulator over its disclosure obligations, that was raided last year by the AFP pursuing allegations of historical insider trading and is being sued in at least two class actions by shareholders alleging they were misled on revenue forecasts ahead of its listing fits the criteria of an ethical investment. We were intrigued by the announcement from super fund Australian Ethical Investments on Thursday that it was now a major shareholder in Nuix, and was now the proud owner of a little more than 5 per cent – worth about $13.7 million – of the troubled Aussie tech outfit. Nuix: it’s the ethical way to do your dough No cold, soggy fries in the suite either – goodies included oysters, prawns, rare beef, and. But spare a thought for NRL chief executive Andrew Abdo sidelined by an ill-timed bout of COVID.
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From the media world came Nine CEO Mike Sneesby and managing director, publishing James Chessell, Sky News chief executive Paul “Boris” Whittaker, Australian editor Chris Dore, The Tele’s Ben English, Herald editor Bevan Shields and executive editor of the Herald and The Age Tory Maguire.Īnd of course, a mostly full contingent from leagueland – ARLC Chairman Peter “showbags” V’landys who snagged a photo with Albo, along with his fellow commissioners. Plenty of corporate heavies attended too, with Atlassian CEO Mike Cannon-Brookes spotted jabbering animatedly about Souths (the club he now owns a stake in). Macquarie Street was also well-represented, with Premier Dominic Perrottet, Treasurer Matt Kean and NSW Deputy Leader Stuart Ayres – along with his partner, former foreign minister Marise Payne – in the suite.Ī few smug Queenslanders even managed to park in enemy territory – notably federal Treasurer Jim Chalmers and newly-minted Sports Minister Anika Wells. Albo proceeded to cop a very gentle ribbing about his recent bike-riding exploits with Indonesian President Joko Widodo in Jakarta this week. Prime Minister Anthony Albanese and his vanquished predecessor Scott Morrison, both league diehards, were quickly ushered to different ends of the aisle after a brief, awkward interaction. The action didn’t end on the field either, with the President’s Suite at Accor stadium playing host to a cast of characters almost as colourful as an NRL off-season (in CBD’s eyes at least). Despite the disappointing result, State of Origin’s triumphant return to Sydney on Wednesday night was rugby league at its gladiatorial best.