That's my point. Sure they dont take much payment, but they also dont do anything.
I would much rather we paid someone else to actually do something with this company so we can start to unlock the value in our assets
There is nothing admirable about keeping a company alive on life support. We need ACTION! That is what makes share prices move
And after a decade in charge, this management team have shown no propensity to do anything other than just 'survive'. In fact, I doubt they know what needs to be done to get things moving.
Agree last two years have been tough, however GIB has massively underperformed against similar companies. Its been much much tougher being a GIB shareholder.
Plenty of companies have killed it in the last two years. The key is they all had great management teams. Sadly, we do not.
GIB Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
