RE:RE:RE:RE:RE:Marathon Takeover….Management has no strategic visionI remain upbeat about our resource potential but it's the now very obvious that our management team is content to collect the buyout bonuses while getting paid very substantial salaries and benefits , as the bloat and float strategy proceeds unimpeded as strategic opportunities pass us by.
Whether we are sold for a 10% premium or a 100% premium ,these folks will get the same severance/ buyout bonuses .
Few own any shares.
So, how much better would be be if, instead of wasting $32 million on moose pasture, they could have bought 100 m Maritime shares for less than $10 million or 50 million MOZ shares for less than $30 million .
Is this the kind of management you want ?