IDG indago resources ltd

Bono, GLI (and associates) is already the largest shareholder....

  1. 190 Posts.
    Bono, GLI (and associates) is already the largest shareholder. Is all I'm saying is that everyone has the right to retain their shares and still benefit from a new Board. I'll always back a board that has a vested (significant financial) interest as opposed to one which derives its value from high salaries and an open chq book. When you don't have a large shareholding you milk it for all you can through high salaries and wasteful ventures. GLI nominees will be trying to extract value by increasing the value of their shares ie growing shareholder value. The current board has been more interested in growing directors personal wealth and the shareholders have been making large donations to it. If they were a private Coy the shareholders would have sacked them years ago. Thank god GLI has brought them to account.
 
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