Why good, fair practices should matter to all shareholders"It was one of the reasons I soured on the company last year." - from Wilander post April 3, 2021, referring to not getting questions asked during the 2020 AGM, even though there was time for them.
I believe Wilander is now out of QTRH. This should have meaning to all QTRH shareholders. One Wilander gone means there are likely many more like him. Or think of potential shareholders that just stay that way. Some could be retail and some could be instutional, with potential to buy 10% or more.
And recall FGP has sold off big.
Apart from any immediate impact of poor practices on shareholders, longer term, any issuer runs the risk of a negative impact on its share price by annoying shareholders who eventually exit the stock.
There is a reason that corporations with good, fair practices ("good governance") enjoy higher multiples.