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20:18
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Originally posted by Colliwobbles
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The biggest risk IMHO? When a company reaches this point - finally on the cusp of success - those who possess an insatiable greed for control could be tempted to make a challenge, robbing incumbents of the opportunity to get on with running the company versus being distracted by fending off unwarranted challenges. Are we likely to have to contend with this possibly catastrophic behaviour?
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Originally posted by Colliwobbles
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If there are any such characters eager to wrest control from the current board, without regard for the financial consequences (though no doubt such behaviour would be sold to those who lend them an ear as ostensibly for their own financial benefit), then we will likely see their hand soon. Let’s hope reasonableness and common sense prevail, rather than lust for power, because the unintended consequence of any such grab for control doesn’t bear contemplating. If anyone wants a change of control, let them pay the control premium by making a takeover bid, rather than orchestrate a Machiavellian ploy. Meanwhile, I hope my fears are misplaced…
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For new shareholders, such as myself. To whom are you referring?
