TSX:TECK.A - Post by User
Post by
4CommonSenseon Jun 23, 2023 4:12pm
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Post# 35512029
Time for a change -- at the top
Time for a change -- at the top the market is clearly signalliing it has lost confidence in the CEO and BoD -NO CREDIBILITY!!!!
The honorable thing to do would be for the CEO and BoD to resign The Teck could bring in some new blood with a focus what is in the best ionterest of the company and ALL the S/Hs? -- FAT CHANCE of EITHER happening
75 percent of the Teck B shares are held by institution etc-- THEY MUST BE PISSED!!
Great opportunity for Glencore to up their bid a bit and go directly to the S'Hs. They would likely be able to acquires 75 percent of the shares AND then be able to demand several seats on BoD which would provide some badly needed expertise.
Go for it - Glencore !!!!