SPL 1.03% 9.8¢ starpharma holdings limited

Retail and institutional shareholders only have themselves to...

  1. 3,505 Posts.
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    Retail and institutional shareholders only have themselves to blame for not taking the blowtorch to the CEO and Chairman for lack of performance and accountability over the last few years.

    On reflection I’m sure many shareholders wish they had acted decisively and bailed out a while back, but unfortunately, ’sunk-cost fallacy’ is real:

    ’A phenomenon whereby a person is reluctant to abandon a strategy or course of action because they have invested heavily in it, even when it is clear that abandonment would be more beneficial.’
 
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