Why not. Wouldn't you rather have someone with 20% ownership running the company, rather than a bunch of blokes with 2% ownership?
Most boards just rip cash out. Are TAP really any different?
Most private companies are 100% owned by the owner - and you can bet that usually means they try a bit harder, as if they screw it up, they go broke.
I am not saying Chatchai is a better option, what I am saying is the boards argument is weak, and incorrect, and if they are to survive they are going to have to come up with a lot better than that reasoning.
These asset sales etc should have been done a year back, when they were worth double the prices. This is a desperate attempt to stay alive - I don't know if these blokes will have the votes to stay in their jobs.
At 30 cents I doubt they have a lot of friends on the register - should have done better really.
- Forums
- ASX - By Stock
- TAP
- Troy should say thanks
Troy should say thanks, page-22
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TAP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online