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Chanticleer

Ardent board under pressure as shareholders revolt

Chanticleer is Australia's pre-eminent business column.

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The attack on the board of Ardent Leisure orchestrated by Gary Weiss and Kevin Seymour is a text book example of shareholder activism at its best.

It is also a classic example of a troubled company not realising the seriousness of what it is facing.

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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com
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    Original URL: https://www.afr.com/chanticleer/ardent-board-under-pressure-as-shareholders-revolt-20170707-gx6fkp