GREY:HRIVF - Post by User
Comment by
Olderwisernowon May 28, 2009 3:44pm
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Post# 16024631
RE: HRG stake in DGC now 41.5 mil
RE: HRG stake in DGC now 41.5 milIt is not about asset value, the thing I originally invested here for, that is the whole point of why I sold the significant block. Some warned and appear to have been correct regarding the previous Canadian crew, and then followed by an equally loving group of Russians. It is about a history of having managment and BOD's that do not get shareholders value that appears to be here IMO. That is why it is at such a ridiculous price.IMO The difference so far, and yet an irony, between the Canadians and Russians, is that while one seems able to manage the operations and address issues, they appear to want to screw the minority investors, while the other seemed unable to manage the holdings they gathered, but at one time or another promoted or had the shares reflecting the potential. Nice choice.
ALL this needs is managment and a BOD that does these basic things together. Manage, protect shareholder interests, and keep their greed to an exceptable level. IMO