Madas,
I've been thinking about 'bald declarations' since speaking to AB and in particular, since reading the Katie Priceless note and other above.
The company is glaringly undervalued, and as a consequence, a target. It may transpire that the shareholding mix is such that a takeover is not an option. However, a very simple way to defend a position such as this would be to ensure that shareholders receive the capital growth in SP that they could reasonably expect and that the SP is at fair market price. Performance is therefore everything.
When I spoke with AB, he was very keen to hear of my views on company PR. This was shortly after the interims, and one can assume that he has become 'aware' of shareholder sentiment in this respect. Indeed, the investor presentation on the website suggests that this is already being addressed. Perhaps I too am being optimistic, but I fancy there has been a slight move in PR stance of late
Tone