RE: Re :more post removals29 Sep 2018 13:10
the problem with placees is they quite often don't seem that bothered by subsequent share price performance.i may be entirely wrong and certainly if i was a placee and down 25% i would be up in arms,but participation in the placing seems in part simply a function of the market mutual back scratching and quid pro quo ethos. you take part in this and next time ill take part in yours etc.i may be wrong but i don't feel thereis great deal of shareholder activism from placees out there.dont rock the boat sort of thing.hope I'm wrong and they are jumping up and down outside jamies office with placards demanding their money back perhaps they are just taking a long term view?