RE: Bid at the placing Price14 Jul 2021 07:49
Tom, very well put.
I think it would be better for all investors to put this behind us and as we are all wanting good things for the company, we should try to be as positive about the BOD as we can as negative talk only really harms us in the long run, being small owners of the business ourselves, publicly bad mouthing the hand that feeds us isn’t the best way to resolve the issues, it would be better to take any gripes directly to the management and not air dirty washing in public, as this can cause some to panic sell and creates a self fulfilling prophecy, we must remember we are a part of this business and should defend it in order that we get the most from it and if we are not happy with our position,
Simply sell up and find a business that operates in a way that aligns itself in a way that fits our trading / investing criteria, I guess you won’t find too many that do. Buisness is tough and often harsh decisions have to be made in the short term for the long term wealth of the Buisness, if an investor can’t live with trusting the BOD to be doing the right thing for the company then they probably shouldn’t be investing in any company other than one they have set up themselves, it would be stupid to stick with a company if we didn’t trust management.