tjh290633 wrote:MrFoolish wrote:
Do the directors do any of the admin, accounts and/or legal stuff in running the company - or is their role more strategic?
No. They have people to fill those functions, like the Company Secretary. They oversee those who are running the company.
TJH
Well it does seem to me they show up once in a while and scratch their chins.
OK, they might do some buy-backs, but that's probably a wave finger in air type decision (12% discount? Go for it). And they could change the fund manager, but they probably won't. Genuine question - how many hours a week do they put in?