Metrica Partners Urges SK Chemicals to Sell SK Bioscience Shares Upon the Lockup Expiry
The board of SK Chemicals (285130 KS Equity; 285130.KS) seems unconcerned with its shares trading at an 83% discount to net asset value. In Metrica’s view, the board has a fiduciary duty to care about its share price. The company should address the discount by