Prudence must be the best paid executive in the country, receiving over $500 per hour to do nothing. He has not made one major move in two years, but keeps telling us that the company is forever on the lookout for new opportunities. How can the board sustain and justify his job while their own major investments lie idle? The board are probably more at fault for their own largese. And what defaults in their financial disclosures are delaying a ruling from the tax office on the capital return?
PPP Price at posting:
14.5¢ Sentiment: LT Sell Disclosure: Held
