Without fully defending management. There was one important point made. BTA is traders play thing due to its swings and roundabouts on good news. Reduced volatility would make the stock more attractive to fund managers who prefer growth, however, less volatile stocks. I think PC may see too many mums and dads are on the share register and the company needs the backing and profile fund management investment bring to your share register. My view from reading the article. This can have its negatives as well. They tend to support management in voting blocks, making Mums and Dads votes irrelavent.
cheers
BTA Price at posting:
$1.37 Sentiment: LT Buy Disclosure: Held