What was management supposed to do about a sector wide assault?
Why is it that everyone wants to blame management? They have transformed this company over the last few years. One cracking deal after another. Record pricing, offtakes, sale of land that wasnt part of the grand plan, etc, etc.
In fact, what have they done wrong?
The share price you say? Holding has been tough by design.
Maybe more promotion? Didnt help the other "millenial favorite" Lithium company's...
Welcome to the stock market?
Or...
Maybe management just did a little too much, a little too well?
There is a reason management brought in specialist minds to prevent a forced takeover... but that was never going to stop a push down followed by a buyout offer... and I doubt Galaxy will be the only one.
Let's just hope more than 1 of the remaining 7 for SDV are keen to make a counter offer or two...
I guess we will find out once the Posco cheque is cashed.
Or...
It could all just be part of the same cycle, like last time... it sure looks the same to me.
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