I would also support any intiative directly by private PPX shareholders to drive a better return (any return?) for their investment in the company.
I do not see most institutional shareholders as having the incentive now-a-days to behave like true business co-owners of listed companies they invest in as retail and private corporate shareholders have.
Unlike private shareholders, the institutions' investment managers and other decision makers do not suffer a major loss to their individual incomes or assets if any of the companies their institutions are invested in go down the gugler.
The institutions do not often challenge the obscene remuneration many listed companies CEOs and other key personnel give themselves despite poor performance because the investing institutions' CEOs and decision-makers are themselves being paid by the same rules.
So it makes sense for the retail and other private shareholders to become more proactive and not rely on institutional shareholders to protect their interest. Even if we don't have the resources or the votes to match those of institutional shareholders, we can make sufficient noise to get attention and, hopefully, improvement in the target company's performance!
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