New board memberNew board member from Torrent Capital.
I guess we will be seeing them at the AGM.
I would suggest that the 2+ million shares that Torrent last publically acknowledged holding is not enough for a board seat (I am sure there are some here that hold that much).
The question is... Is this because Torrent picked up more shares, or because Torrent has something to offer?
Either way, this is probably good for shareholders.
If it is because they hold more (we will soon know when Q3 is reported), they also think this is going up. Granting a seat to appease Torrent at this point may lead to a battle in the future, but it is the start of change. I am interested i nthe change of the SP for sure.
If it is because Torrent has something to offer, I would be interested in knowing what that might be.