SLR 1.97% $1.82 silver lake resources limited

Your comments about management having little regard for SH's is...

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  1. zog
    1,218 Posts.
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    Your comments about management having little regard for SH's is very true. It is also reflected in the re-election of Kennedy who is part of the "good ol' boys", a founder of the company who sold off their options in for about $11m in 2011, still has their founding 4m shares (which they got for almost nothing), nearly brought the company down due to the Murchison fiasco, the over priced Integra takeover and the unannounced terms for payback of an NAB loan (which caused an "emergency" capital raising). Kennedy was part of the "club" responsible for this series of failures and as such will get a definite " no" from me for re-appointment to the board. I did hope that the Chairamn was going to have a clear out of the remaining "good ol' boys" (Kennedy and Davies); but I guess the boys club is still strong.
 
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