RE: B/B Contributions27 Aug 2019 15:06
Finally I do believe there is a bit of a clash of interests going on here which is not helping things.
We are all shareholders & want the share price to rise as much as possible, obviously. The directors, with their large holdings, have talked from the beginning of possibly selling the company at a certain value so they too need this to succeed and, to ensure that, the company will need to get on with building the business.
Sanj, however, is just here on a salary & has very little interest in the share price and even less in what factors may move it. He can take as long as he wants to get this up and running and the longer he strings it out the more salary he earns. If a competitor turns up what has he got to care.
It seems to appear that Aidan has more or less left the UK expansion up to Sanj alone but Sanj just doesn't have any motivation to get a move on while the share holders and directors, who are only too aware of the lack of new signings and the very poor share price, are unable to do anything except get increasingly more frustrated.
What I think needs to happen is for Aidan to speak to Sanj and make it very clear to him that this is a public-listed company and that here are a lot of shareholders here who, in one way or another, do not appreciate this slow pace and lack of signings. He needs to be on Sanj's back all the time making sure that these territory managers are getting on with the job they are being paid to do.
That way everyone will be happy and Big Dish will have the restaurants signed to their App rather than Discoeats or some other competitor.
This ends my thoughts for now.
ATB