re: Ann: Initial Response to NHC Proposal to ...
One of the proposed NHC appointees is Cam Rathie who until a few days ago was a director of Galilee (GLL). For years GLL has traded at a discount to its cash backing and failed to deploy that cash into any venture despite ongoing stated intentions to do so. He lost the gig along with some other directors when someone brought a large stake in GLL and called a meeting of shareholders agitating for change
As a long suffering GLL shareholder, if the best NHC can come up with is Cam Rathie as a replacement for the existing DTE directors then I doubt very much that this will be a panacea for improved share price performance.
If they want ti initiate change at least give us someone with the right pedigree.
DTE Price at posting:
14.5¢ Sentiment: LT Buy Disclosure: Held
