AKITA Drilling Ltd T.AKT.A

Nine directors!

[auburn2]

What's the company rationale for having so many directors? They sit on the board with very little share ownership.

[blindpig]

Except for the Southerners directly/indirectly, I own a lot more shares than the rest of them put together.  Virtually no skin in the game for most of them. Reduce the board size and put in a minimum share ownership requirement. Maybe that'd help bring out value. 

[pennydredful]

Must  be   horse   riding  buddies  of  the  Southerns   or   near do well   relatives  

[pennydredful]

I   take   that back  .  THere   are   only  8  directors   not   nine   and   they  are  well  qualified   if   you  check  their  credentials as shown on   their   website   IMO. 

[blindpig]

8 now plus adding a new ex civil servant guy for 9.  3 of them are from ATCO plus the two Southerns.  That's 5 of 9 who could not be considered independant.  Why is the CEO not on the bod?