Briscoe, which has also just flagged a healthy first half result, holds 20 per cent of Kathmandu and Duke said he had not given up.
"There's not a lot I can do right now because those people who hold the shares want to sit down and wait and see what happens over the next year or two - see whether Kathmandu can recover some of the enormous ground that they've lost in the last year or two.
"I can't move beyond the 20 per cent that I own, but I'm lucky enough they're paying me some dividends."
http://www.stuff.co.nz/business/ind...still-holds-a-candle-for-recovering-kathmandu
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---|---|---|
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2 | 8000 | 0.430 |
1 | 6600 | 0.425 |
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Price($) | Vol. | No. |
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0.470 | 10000 | 2 |
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