Ann: Change of Director's Interest Notice, page-4

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Hopeful9

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07/03/21

11:12

Post #: 51579480
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Originally posted by Jakjazz: ↑

Agree completely Hopeful9, Alf is one of the few people in a management position who SHs can rely on to look after the minority SHs.

Really appreciate the hard decisions made during 2020 and ability to cost cut on a timely basis.

Fortunately I did average down when the SP price struggled in the low $2 dollars but topped up on the basis of the divie and Alf's strong shareholding. I assumed he would look after business due to his high stake in it. I will continue to top up on any major dips.

We are now reaping the rewards of good management and expect to continue to do the same far into the future

GLTAH

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Jakjazz, do you perceive that the CEO would have a non-family succession plan in place?

Some of my better long term holdings are in well run family companies - REH is one example - but while we don't like to discuss it, if Mr Moufarrige (79 yo) passed away or was incapacitated and his son Marcus (COO) just happened to be in the same boat, would there be someone schooled in the 'Alf way' of doing business? The other son Taine isn't actively involved last I read.

SRV Price at posting: $3.49 Sentiment: None Disclosure: Not Held
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Last $5.70		Change -0.060(1.04%)		Mkt cap ! $564.9M

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