Q: Further to your response to an inquiry about Knight Therapeutic results, could you comment in any detail on management performance. They have been in charge for at least five years, the cash position is down from $800M to $145M {after buying GBT and company shares, etc.) and the stock price is down half from the $10 plus when Goodman brought them in and then disappeared.
I know he had an accident, but I saw him on BNN a couple of years ago and he looked fine, just made too much money on Paladin.
There just doesn't seem to be any drive to improve the company and increase shareholder value. Management seems unmotivated. Should Goodman replace them or sell the company to someone who can realize it's potential before I turn 100?
Thank youl.
I know he had an accident, but I saw him on BNN a couple of years ago and he looked fine, just made too much money on Paladin.
There just doesn't seem to be any drive to improve the company and increase shareholder value. Management seems unmotivated. Should Goodman replace them or sell the company to someone who can realize it's potential before I turn 100?
Thank youl.