All good points Jaws they run the Company as we know.
Who cares if they bail - if it's so good they will are hang tough with new direction they will stick!!!
There goes the pig...
They determine KAR's direction not the Board or the Exec so we have control by proxy... let them sell their shares and crush the SP. There will be a buyer.
$6 to $1 now who cares anymore.
These blokes might do an Erwin sell the assets for FA say 450 mil and 100 mil for assets we cop $2 they pocket 40-50 mil for their troubles.... they will be only doing it for themselves but on balance it's done!!
Wellington going to sell few more to balance the books... we will buy them back like some of the last tranche in the buy back??
I read the 14 page Givernance too just released damned impressive
KAR Price at posting:
$1.33 Sentiment: Sell Disclosure: Held
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