I disagree it is the CEO's duty to increase share holder value. A CEO of one of the largest FMCG companies in the world said this. That is his view and I think it pretty spot on because in reality he cannot control the share price. Case in point with Lynas and probably 95% of ASX 50 today looking at share price falls.
It is the CEO's duty to run the company taking into account shareholders, employees and the environment. This is the new world.
Many of the posts I have seen talk about the strength of the Lynas' board through what has been a difficult year and how well they have handled it
The Share price will come back. It is a sound well managed company.
Just remember you haven't lost till you sell. Hang in there.
I disagree it is the CEO's duty to increase share holder value....
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$7.00 |
Change
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Mkt cap ! $6.552B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $7.02 | $6.86 | $5.143M | 740.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 5178 | $6.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.00 | 1073 | 4 |
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