It’s been five months since the Australian Shareholders’ Association unleashed a zinger of a question at AACO's annual general meeting, asking why director Jessica Rudd owned no shares in the beef giant after almost three years.

AACo chairman, and former hardman of Telstra, Donald McGauchie at the time defended her owning zip, saying a director’s diligence is unaffected by whether they own stock. Wow! That statement was like a bolt gun to the head of corporate types growing up thinking having “skin in the game” was better.