you make a good point.
don't know who spreads the rumor that the CEO doesn't care about the PPS.
all I remember is that in Sept (around the time of the lawsuit coming into play)
Liebs would have said that he was devastated of the PPS level and
that later on he said that the PPS was just there because of adverse market
influence (that was around Nov). quite a flick of a switch, imo.
to me it's plain obvious that he does care;
he doesn't want it to go up.
that's the fish to me and connecting all the dots, it's a rotten one. (at least to us).
about one year without a PR showing the obvious intention to boost or support the PPS is
not caring about the shareholders. (last one contained once more a 'minor mistake' from Liebs.
nobody can say that there's no pattern!!!)
however, the reality is even much worse than that but I won't repeat it again, lol!
note that according to management the company is not diluting to finance the acquisitions.
that means that the investors will want hard cash + profit for their input when it bears fruit.
management will take their piece of the pie. Chili wants 50 pct + other taxes.
+ selling will include that the buyer will also want a profit margin above the production costs.
what's left will be shareholder value divided by at least some 7B shares.
the concessions are 75pct (not 100)
curious what PPS we would get.
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