Loading ...Ian Telfer is a greedy grafter
From A. Reader, who picked this out of the Goldcorpse (GG) circular, page 88. Most interesting.
In other words, Ian Telfer had an existing change of control agreement (fine). Once the deal becomes real, for some reason he alone (no apparent oversight on this) decides he can TRIPLE it. Shareholders didn’t approve this, all they’ve done is see the stock price move from $30 to $10 on his watch. Just a small example of where the top people at Goldcorpse have been focused: filling their own pockets.