RE: Why such continuing bad performance?25 Apr 2024 16:17
Yes the board definitely need to get a grip. All they could do at their last report was to offer to buy some shares back at a smaller discount in 2027! Are they joking? Who wants to wait that long? Buying back shares isn't working, as, if you look, they're spending a ton of money on a weekly basis. Their PR is atrocious too. How about some new information in their fact sheet instead of a bland restatement of what they've already said.
Even Elliot and co. don't seem to be interested in an activist intervention, as they did so successfully with SMT, this trust has sunk to such a low.