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Ann: Notice of Annual General Meeting/Proxy Form-KBC.AX, page-7

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nicleeson

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24/10/16

08:08

Post #: 20066246
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Originally posted by nicleeson ↑

Does that mean you like the new management, or more of a case of disliking the previous management?

I am not sure the current management care much about where the share price trades in relation to the NTA. The style at Bentley is more paying out a dividend, then issuing DRP shares at a large discount that dilute any small shareholders receiving in cash. That has been the pattern there rather than buybacks. Time will tell whether Keybridge goes down a similar path.

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I feel the KBC announcement on July 7 best sums up the current management.

KBC Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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Ann: Notice of Annual General Meeting/Proxy Form-KBC.AX, page-7

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