It does quite literally mean you are responsible. Come on, let's stop with the tires old 'aging cult dev can't do wrong" nonsense. Braben is 100% responsible for the state of EDO, as is Roberts for SC. Now there are issues with ED it doesn't suddenly make Braben any less responsible.Being the biggest shareholder and CEO doesn't mean you can just do whatever you want. It's still a publicly traded company with other shareholders and they will have a say in what goes and what doesn't. David only has 32.8% of the shares, which means that other parties own the other 67.2%.
Shareholder Information
DIRECTOR HOLDINGS As at 29 February 2024, there were 39,478,535 0.5p Ordinary shares in issue. NAME AMOUNT % David Braben* 12,899,953 32.7 James Mitchell* 385,044 1.0 Alex Bevis 50,000 0.1 Jonathan Watts 48,984 0.1 James Dixon* 31,180 0.1 Leslie-Ann Reed 20,032 0.1 Ilse Howling 1,006 - David...www.frontier.co.uk