RE: Challenge from Mick: Did Wen /Katrine achieve noting at all???6 May 2021 11:18
Is the website so impressive that it needs to be mentioned twice? A new website is always an improvement, but hiring someone to design it is not an incredible achievement....
It is incredible that your stand is as long as you own shares in a company, you would not want to change things that are not in your best interest as an owner of the company.
Roe is appointed by the board, the board is for the owners, but in Wentworth it does not seem that way as they are the only ones benefiting of the cash so far.
As a non-operator there are limits to what can be done, but they certainly are spending money that seems to be wasted while all we do is waiting for demand to pick up.
The increase in share price is not very impressive as it comes from as you are calculating this from an all time low share price. There are other companies that has increased their share price many times over the last year, do you think it was because of incredible management or severly depressed shareprices and market sentiment?
I agree Roe is doing a lot more PR which must count for something in the long run, but there is only so much they can do when they do not influence how much they deliver. It would be interesting to see how many hours the board puts in to get their salary, I am sure G&A could be reduced considerably to give a boost to the dividend. Much of what has been done the last year has been waste of money....
And I do not think you need to try to impress anyone with how many shares you could buy if you sold all your assets. But please do it, would help the shareprice and make everyone happier!