RE: NED taking shares instead of salary13 Mar 2023 09:06
You are clearly new Stace. This is an issue which has irked holders for many years. It might not be so bad except for the pontifications about temporary struggles and jam tomorrow. If there is jam to be had tomorrow it is very diluted jam thanks to the actions of the board. Note that the take on the shares in lieu is always only DKL's prism on it and never the person issued to. It always only represents a tiny fraction anyway to the person issued shares to. Of curse it could be that those receiving the shares are in fact a bit thick as everyone who has received shares in lieu has made a paper loss on them and yet welcome receiving shares. Or so we are told. I see the DKL playbook s thriving as mysteriously in all woeful production months they always manage an increase in the last few days. If they believe it is undervalued they can buy in the market though given their own ineptitude I would advise them not to bother,