Seems like a case of ALK doing things the way they do things because that's how they've always done things. A failure to adapt with a price tag of over $30 million.
Anyway, ALK's website says, with regard to ALK board member Anthony Lethlean, who btw has been in that position for almost 22 years(!):
"he has worked as a resources analyst with various stockbrokers and investment banks including CIBC World Markets. He was a founding director of Helmsec Global Capital Limited which seeded, listed and funded a number of companies in a range of commodities."
Why is someone with Lethlean's background not on top of this stuff? What, exactly, does he contribute to ALK in 2024?
Ann: Half Yearly Report and Accounts, page-170
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