AZZ 0.00% $7.50 antares energy limited

Is Cruickshank aligned to Shareholders?

  1. 30 Posts.
    lightbulb Created with Sketch. 1
    If Cruickshank arranges a full Take-over, then all shareholders will be treated equally, except that Cruickshank looses a very well paid job.

    However, if he arranges an asset sale, then AZZ will always trade below its NTA and shareholders will be locked into a very high risk exploration company.

    In the absence of the checks and balances of a truely independent Board, what is to stop him making a 'selfish' decision?
 
watchlist Created with Sketch. Add AZZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.