RE: Treating shareholders like mushrooms25 Jan 2023 11:38
This is why we have an "asset gap", which will reduce slightly, assuming Casca comes on-stream as prognosed by analysts. However an asset gap will continue until people can rely on what PB verbalises - guides on.
If I didn't know better, I'd have thought PB was a brilliant entrepreneur who started this company from scratch and still owned about 7.5% of it post IPO and, still sees it as his baby.
Unfortunately that is simply not the case - although he treats this enterprise as if his own - actually it is truly owned by share-holders and until he understands that - the asset gap will continue. I'd be happy if he had set up a good management team like at JSE but he hasn't done that either and certainly seems not have brought assets on-stream as efficiently as could have been!
As ever all IMHO, DYOR.