It’s been a bit over two weeks since Mark Bouris announced his Yellow Brick Road was going to slink back off to the private markets after the non-bank lender had become an entrenched penny stock.
In an attempt to spin what all went wrong, Marky Mark has run off to the Daily Mail of all places to exclusively “break his silence” on the YBR de-listing. He’s wanging on about YBR’s share price being hurt by the over-concentrated share register.
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Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com