Why do some shareholders in the Republic's largest private residential landlord feel shortchanged?
Inside Business with Ciaran Hancock
00:00
The Disruption of an IRS Shareholder
Colin Lordy, your head of real estate investment banking stockbroker Goodbody. Maybe just to begin with, maybe you could explain how an investor that holds 5% stake in the company can cause this kind of disruption for the board when it was tipping along okay before that. Granted, as Joe mentioned, they've been on board since 2014, so they're not a blow in investor. But nonetheless, they do just hold 5%. Yeah, absolutely. Like any shareholder, they're looking to maximize their own investment return from their position in IRS. And they have a right to do so and to try to find a better way of draining out that value of the business.
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