I see. You believe these losses for such a long period may suggest that profits were not a priority in the short or medium term to some company stakeholder. I think you have a good point. The ongoing losses and huge capital depletion could easily be explained by the existence of a stakeholder(s) with a priority other than the company's financial well-being and security.Lorne
That is a considerable twisting of what I meant.
All I was trying to do was to say that the things that influence how a company works are not totally dominated by just short term profit. I was not trying to imply that any one stakeholder dominated to the point where the whole companies well being and security comes into question. What I said was
Pure short term profit can be sacrificed for longer/medium term benefit to all these groups.
Moving on
The ongoing losses and huge capital depletion could easily be explained by the existence of a stakeholder(s) with a priority other than the company's financial well-being and security.Lorne
So be explicit who are you meaning?
