The investors have already banked the past profit (or anticipate doing so - I think the share-buy-back has to be approved??) and now look forward - to see if the current Board is adequate for the next phase, which is looking rather more rocky than the past year. And the shareholders certainly will be, if not suffering, then enjoying themselves much less, because of the Board commissions or omissions. Look at the share price.
I can't see the instos being in on a 'spill', but I can see them suggesting to the Chair that he needs an exit timetable, maybe along with a couple of Board members.
