The way I see it there is going to be more board members and directors appointed eventually. Why not now if it reassures shareholders?
There's nothing wrong with family run business'. But this is not a family business. This is a public company. The Feldmans do not own this business outright.
If the Feldmans want to have perpetual unilateral control then they should pony up and make a takeover offer with their own money.
In the meantime they can demonstrate more respect for the other shareholders by ending related entity loans and payments. Using AGMPL means that shareholders cannot be assured that objectivity is being used in assessing the value of the serviced being provided. Pnina is hardly going to be objectively critical of her own performance. I know I'm not the only one who understands this. Anyone who is consciously overlooking this should look into managed funds or term deposits.
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