The combination of misaligned incentives and excessive risk taking is the classic example of how to destroy shareholder wealth. Board members that allow this to happen deserve to have their poor governance exposed. We need more activist shareholders not less. Capital is all too scarce and a barrier for many worthwhile projects that require risk taking investment. Without board members that are genuine about looking after shareholder interests, the risk capital dries up.
Sandon letter to Karoon chairman, page-5
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.66 |
Change
0.005(0.30%) |
Mkt cap ! $1.330B | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.67 | $1.62 | $8.539M | 5.191M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 119561 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 20195 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| KAR (ASX) Chart |