GREY:LSTMF - Post by User
Comment by
Darwynon Mar 12, 2014 9:38pm
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Post# 22316603
RE:RE:Email to Wright, do your part and send one weekly
RE:RE:Email to Wright, do your part and send one weeklyThx for the update DD. Shareholder activism in Canada is not as common as the US. Institutional investors typically sell and move on as opposed to putting pressure on. We see evidence of institutional apathy by lack of interest on the cc. They would rather quietly walk away then mix it up.
As for JW when you look at the BOD composition there is no motivation to consider anything but what JW brings to the table. Corporate governance has taken a back seat given how JW has his involvement with the various companies where he holds officer and directors roles that have influence in key decisions. A little too cosy for me.