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Old 17th Dec 2020, 21:27
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vikingivesterled
 
Join Date: Aug 2007
Location: Ireland
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The management of Norwegian must be both relieved over that all their proposals where approved by the shareholder general meeting today, and also disappointed that only shareholders representing less than 2% of the stock actually bothered to vote. That do not show neither shareholder interest in the future of the company nor potential for collecting much extra capital from same. Also thought provoking that the chairman of the board only could muster up voting rights for 34 million out of a total of 3.7 billion shares to ensure the proposals was voted through.
Many small shareholders are blocked from voting by the way they hold their share through financial institutions but if this is representative then less than 2 million Euro would have bought you a blocking stake in the company.

Last edited by vikingivesterled; 17th Dec 2020 at 21:40.
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