RE:RE:Rabe just got a $3 million paydayYeah, it's about time Fischer puts out a PR with proposing new directors and a new AGM date.
Paying this kind of money for Rabe, considering what he does (I.E. goes agaisnt shareholder interest), is completely unacceptable.
It's quite concerning to withness such opened carelessness for shareholders you are supposed to serve.
Mattywack2 wrote: Exactly. Even if he gets drummed out eventually, the longer he delays this, the more money he gets personally. Meanwhile, we are burning cash at a rate $80 million a year with ongoing operations. But why would he care about that when he is getting that kind of money.
As a side point, the 50% Cardlytics shares that were sold have now appreciated by approximately $11.5 million Canadian since the sale (rough calculation). I do appreciate that when a stock is on a run it's not a bad idea to sell half to take profits. However, given that the goal of Rabe&Co is to invest in accretative investments in the analytics-loyalty world, it does seem odd to exit 50% of out that position when it was one of the only two investments Aimia has in that sector (the other of course being PLM) that are growing and are looking to have a bright long term future.
Appleguy wrote: Just saw the grant of rights and exercise of options on the insiders report today... Rabe got almost 900,000 shares.... now we know why he is sticking around!!!