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08/12/23
12:55
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Originally posted by RhysT:
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Yep can't add much more to that, only how strange it is that Ian has sold us on the merits and advantages of this project for several years, but is getting mad now that shareholders are demanding some of this value be realised rather than take a lowball offer... It's been the biggest 180 I have ever witnessed from a CEO, I honestly can't recall one that had such high priase and hopes for the future one minute and switched to impending doom the next. Shouldn't be shocked that it might be taking shareholders a minute to catch up, and shouldn't be wondering why many shareholders aren't doing the same 180 on their assets as the board did.
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Exactly. Felt a built guilty for roasting him the other day but it's good to know I'm not alone. The only thing I can think of is that when your 20% shareholder tells you to do something, you listen. He has underpaid himself for years and done a great job which I appreciate but the 180 is confusing as hell.