Activist investor demands dividends from Coventry
A call to return more than $25 million to shareholders via a 60¢-per-share fully franked special dividend is the motivation for corporate raiders seeking to roll the board of mining services supplier Coventry Group.
A call to return more than $25 million to shareholders in the form of a 60¢-per-share fully franked special dividend is the motivation for corporate raiders seeking to roll the board at West Australian mining services supplier Coventry Group .
The assault is being led by activist investor Gabriel Radyzminski ’s Sandon Capital Investments in co-operation with West Australian retail entrepreneur Lorna Dorsett.
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