Great!
Richard was appointed Chairman on IPH in Sept 2014.
Share price went up massively to end of 2015, then clearly fell away. Despite the boarder economy and the ASX doing quite well over that time.
And all those decisions that the board of IPH made since that high at the end of 2015 time have acheived exactly what for share holders?
Yet during that time the board continued to get paid.
What a surprise.
The sad case is that this is nothing unusual.....boards on ASX listed companies not performing well for shareholders yet they continue to get paid......
.....and therefore nothing to get excited with this FBR board appointment.....
though maybe our share price will go up massively between now and mid 2019.....but with build 1 completion expected and not far away, the MOU with CAT, we were all expecting a large increase in share price between now and mid 2019 anyway right......
FBR Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
