A2M 1.13% $6.24 the a2 milk company limited

I sold, I don't doubt that a2 is a superb product and the demand...

  1. 1,606 Posts.
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    I sold, I don't doubt that a2 is a superb product and the demand is there...but management can kill the best ideas/product.

    It's not even Jayne that worries me. I understand why she took the deal she was given, it's a good deal for her. It's the fact this deal was given to her in the first place, over using the massive cash reserves. It's incredibly disrespectful to shareholders. Such a shame too, because A2 is superb. Still watching this closely.

    Everyone who passionately cares about A2 and either still holds or wants this to turn around and get back in NEEDS to be questioning management over this.

    You don't just write up a deal like this knowing full well it will compensate the CEO at the expense of 550 billion being wiped off the market cap (I think it's more now).

    The board serves at OUR pleasure and would do well to remember that. The company belongs to the shareholders and they are beholden to act in our interests. I'm not even suggesting any wrongdoing here, I'm just horrified at the lack of answers. Such a decision should not have been made without explaining the thought process to the shareholders and why this is the most beneficial path for the company.

    The upside is I can get more free shares, but I'm not happy about how this makes us look as a company. At it's core, it's just not good optics.

    Let me know your thoughts and if you think I'm wrong on this guys.
    Last edited by Goldwater: 27/09/18
 
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