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

Fri, 28 Jul 2023

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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