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10/06/20
10:37
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Originally posted by Kamantea
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Just my opinion.
But why would they, if they are generating cash, they can buy other companies and or have joint ventures. also means less regulatory restrictions....
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They whom you refer to are the managers of the company for its owners .Shareholders own this company .Its not a managerial decision to make .To delist is a debacle going from the already unsatisfactory state of affairs .The regulations dont hinder companies but to mandate behaviour that serves all the stakeholders well.The position atm is a semi coup by management sidelining corporate oversight and accountability.Constantly doing share swaps with so called partners and attending talkfests is not enough to satisfy investors.Directors should be telling shareholders what their vision is and getting approvals from shareholders for their plans.
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