Thinking outside the square
In is interesting that some seem worried about the possibility that RH would spend maybe $3500 on scholarships for local communities. It could be good PR to work and help this local communities.
Some might reflect on their individual cost contribution. The $3500 divided by the shares on issue reflects about just 0.00175 cents per share. So I share holder that claimed to own 2,000 shares would have “put in” a staggering 3.5 cents. A shareholder that has 50,000 shares “contributed” 87.5 cents.
The pettiness of the gripe is almost unbelievable isn’t it?
