totally agreed. The family still holds a large stake of the company and they totally do not hold any other shareholders interests at heart. Thats the reason why i have stayed away from FRM. Unless there was an institutional investor comes in to shake things up. I cant see there will be much value to be delivered back to the retail shareholders in the near term.
It should be something on the watchlist tho incase there was a major market sell off.
FRM Price at posting:
$1.03 Sentiment: None Disclosure: Not Held
