Post by
shareholders1 on Apr 04, 2021 9:19pm
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.
Comment by
Socrates1 on Apr 05, 2021 8:37am
OK WILANDER JR. Nice to know you, bye bye
Comment by
shareholders1 on Apr 05, 2021 1:07pm
Cabbie - Nothing you wrote was technically inaccurate. However, FGP held 15.198m shares per October 9, 2019 Sedar filing.They are down to about 1.4m shares. That's called voting with your feet. Funds do make mistakes, but not always. So what does FGP's big exit mean. Is there any message and anything for shareholders to do?
Comment by
cabbieJBJ on Apr 05, 2021 1:16pm
That's what makes the market so facinating. Everyone has their own read. Have you signed up to virtually attend the AGM shareholders1?