RE: Stefan O - pretty good investment.15 Nov 2023 20:14
And what exactly was the payout /return **to ordinary pi shareholders** of the superdialectric investment? — absolutely nil! - ordinary shareholders did disastrously badly under stefan, then disastrously badly under osa, & now stefan’s back - ugh!
sure, lots of other things going on in the world, but a CEO of an investment company who gets it wrong time after time, with the share price collapsing year after year over multiple years, is not someone to back imo. everyone has a bad year from time to time, but MXO / ADME just one long disaster story. … for sure, stefan made sure he made plenty of money for himself, but any ordinary pis who backed him would have lost loads of money over the years. the aje deal was structured to give a big pay-off to cornhill on ‘first oil’, and to provide big BoD pay and perks, but never paid out to ordinary shareholders.
? why are you being such an apologist for a CEO with such a dreadful record re ordinary shareholder returns?