LETTER: Boards are not value pushers
It is analysts and asset managers who call the shots in the market
16 September 2019 - 17:53
Former African Rainbow Capital CEO Johan van der Merwe must not fret about the lack of success of the company in convincing the market of the value of its shares.
The value falls within the jurisdiction of share analysts and asset managers and is not the responsibility of the board. The battle of the board is to be successful in increasing the profits of the underlying businesses and not to seek to convince the market of the value of its shares...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.