all female, all same age, all professional managers, all white, an internet footprint suggesting a similar liberal world view - i am not sure you understand how GroupThink works. Perhaps read the definitive book on it by uncle Chris Booker
While an all-female board lacks gender diversity, classifying it as "groupthink" would depend on how the directors behave in meetings rather than their gender. Because the current SBTX directors possess distinct financial, operational, and governance backgrounds—and were appointed specifically to restore independent oversight—the board is structurally geared toward critical scrutiny rather than blind conformity.
Do I come to sharestock to make money? No, I come for entertainment. I enjoyed Andrew's (erroneous) views last year, please invite him again . I hope to be able to attend in person again
in terms of diversity its a bit like the board of er um er an AIM listed company where all 5 directors are white middle class males aged 50-67, I'm struggling to think of its name can you assist?
Now that you are part of the AIM establishment...In the old days companies graduated to the MM in an orderly fashion and were replaced by new young companies that would use AIM to growNow there is a rush of good companies to escape and bugger all good small companies joining to replace themThat is different.
I read the RNS yesterday morning before reading this now (wednesday morning) and after looking at the board's make up had exactly the same thought. There is ZERO diversity here, it is female dominated and the fact that they are of an age where they might have one eye on retirement makes it even worse. For other reasons as well I cannot see this bunch driving the company forward.
Companies leaving AIM to go to the main market is a sign of success for the AIM market as these companies have listed on AIM, become larger and outgrown the market and are now being promoted. This is exactly the same as a footy team being promoted from the Championships to the Premier. You know this but you paint it as being bad for AIM which will all know it isn't. Yes AIM is full of shitcos but you should not be trying to twist success into failure.