LETTER: Boards are not value pushers
It is analysts and asset managers who call the shots in the market
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...