because that holding is effectively a blocking stake should any other party be interested in full t/o.
it gives him leverage to get a higher price or better trade terms with his suite of companies/brands
he knows what hes doing there would be a strategy in play to get a long term outcome.
i dont see an issue with a nominee non exec director representative posn principally on commuittes and stand aside from issues that may involve any conflict
MYR Price at posting:
72.0¢ Sentiment: Sell Disclosure: Not Held
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