Share
500 Posts.
lightbulb Created with Sketch. 176
clock Created with Sketch. 07/06/24
11:29
Share
Originally posted by mondyinvest:
↑
Very true - especially about hindsight, but there is always a balance when it comes to criticism. Junior miners with little-to-no institutional shareholders face little reckoning except at AGM time when the rem. report vote happens. They can say one thing for months, then go and do quite the opposite. Message boards like these offer some small way to publicly critique company decisions, however minor, and in some cases even help to drive change. I saw that recently with the Karoon rem. report getting voted down; yes, it was activist institutional shareholders running a public campaign but the normally quiet KAR HotCopper threads lit up with activity too, and holders got a 26% first strike against management - an impressive feat when one considers that the three big proxy advisor firms had said they would all vote in line with the board.
Expand
Agree with pretty much all of that.
(20min delay)