Stock Talk: No real winners as Accentuate's battle-weary activists drop shares

The decision to abandon a long and increasingly bitter battle for a place on the board of AltX-listed flooring company Accentuate will no doubt please the incumbent board and the JSE - but leaves some troubling corporate governance issues unresolved. Last week, a group of shareholder activists, led by Adolf Potgieter, decided to abandon their five-year bid to get representation on the Accentuate board and sold their 28% stake in the company to private equity outfit Trustee Board Investments.