InvestorsHub Logo
Followers 3
Posts 508
Boards Moderated 0
Alias Born 11/12/2010

Re: Horsts post# 9918

Thursday, 05/26/2022 6:48:18 AM

Thursday, May 26, 2022 6:48:18 AM

Post# of 10950
Management was asked about Conti's sales during the last conf call.

/////////////////////////////

Charles Robinson

And a quick question. Is there a correlation between the 1.4 million shares sold by Continental Grain, your largest shareholder, and the resignation of Ari Gendason? Can you shed some light on that?

Peter Bradley

To be honest, it's not for us to comment on Continental Grain's investment strategy, and Ari got other things to do for the Continental portfolio. But I think it's not our place to comment on that, on their investment strategy.

Charles Robinson

Okay. I guess I was looking for is there a reason why he resigned from the Board?

Todd Mitchell

It's a matter of what he wanted to focus on.

Peter Bradley

Yes.

Charles Robinson

Okay.

Todd Mitchell

I would look instead at the qualifications that our two new Board members bring to us. I think if you look at what we are doing with the shift in strategy towards specialty ingredients as opposed to being a larger grain operation, I think you can put two and two together there. Anything else, Charles?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent RIBT News