Eroad investors grill management on buyout offer

Eroad investors grill management on buyout offer
Eroad's chair Susan Paterson said the company was in part responsible for the company's share price woes. (Image: Eroad)
Staff reporters
Eroad bosses told shareholders on Friday that its poor share price performance was partly of its own making, but say there is a way out of the hole.The shareholder annual meeting was held against the backdrop of a takeover offer by Volaris – ultimately owned by Toronto-listed Constellation Software, and a long-running share price collapse.Chair Susan Paterson said: “It is important to acknowledge that Eroad’s share price performance has been unsatisfactory over the past year, for reasons related to the market but also of our o...

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