Business styles, each to their own and as investors our voice is where we choose to invest our hard earned. Personally, I wouldn’t invest in a company if their style doesn’t agree with my values, I have no interest in investing in companies that operate in a manner that attracts litigation and wastes valuable company resources in legal related matters. Companies operate day to day very successfully entering into agreements and contracts in the course of business without the requirement for court action! If a company is prone to litigation, you have to ask why? or don’t bother asking, just avoid…….
Where management are acting in the best interest of stakeholders and have no option other than to defend a claim brought against them,(In the case of KDR, per ASX ann The Company remains of the view that MZN’s actions have been opportunistic, and it intends to vigorously defend any claims by MZN ), I am prepared to happily HOLD as the investment fundamentals remain, sorry for those that were compelled to Sell at the first sign of Silks.
KDR Price at posting:
53.5¢ Sentiment: Buy Disclosure: Held
