RE:We need a confirmation on the 20 kg MWM..the shareholders rights has nothing to do with "shareholders" but a way for Howie and all to maintain control.
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Overlooked is the fact that poison pill plans allow poorly run businesses to hide from responsibly running a business. For the surest protection against a poison pill plan is a well run business that results in a naturally high stock price that makes a takeover impossible. You see, takeovers only work because the prospective acquirer sees additional value that can be squeezed out from the business. Ultimately, a better run business means a higher share price for shareholders. But poison pill plans mean that the corrective force provided by the threat of a “hostile” takeover is removed. So there is no outside market force enforcing efficiency on the business.
Put bluntly, poison pill plans are anti-capitalistic. They predominately benefit board members and their management teams by ensuring that they can run a business for their own benefit to the detriment of shareholders. Disgusting."