Very recently. i considered yes now you know if you. look at! i chesapeake's stock the stock is gone i. mean just harris shareholders. really have no faith in in i i let's. just say if they have no faith in. current management i miss stockdale. little bit today. are what is the status of or bri. mcclendon the ceo and founder. how is this guy's positions so secure. when he is under such a cloud. well it's a it's a good question. but i think that want the. sad that the board has taken are earlier. this week! was to reconstituted itself and to allow. the! word to shareholders a larger say are. the board is now going to be effectively. controlled! by directors who are recommended by the. largest shareholder southeastern asset. management and cry con. and that is not something that. significantly our. quit solving the crime swings and. in terms are he is now accountable to. shareholders. market rather to directors but not other. than selection did. how r how gently do you think he's gonna. go along with that new regime. i mean is this is this setting up for. real change at the company or. is this setting up for a big battle well. are it's definitely a big change the. company that has resisted. any changes to the board for years sky. and man has resisted shareholder. proposals even when they get. a a majority so this is a big concession. arm but! in terms of what it actually means for.
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And i say that know those liberate you. looking at for the most part. those shops a breaking even maybe less. so at dealerships. and i'm just gonna throw that out there. because dealerships have a different. set of circumstances that say the. independent shop over owner. a dealership is gonna have well a. dealership has to pay to be a dealership. it away! the dealership you know has has some has. to pay some comments that the. manufacturer dealership. is an independently owned franchises not. like the car make:. carmaker owns that dealership no they. have an agreement with that dealership. in the owners of that viewership so that. they can! exchange proprietary information put. their their. badges out in front of a place that. kinda thing there there's an arrangement. that happens there it's a financial. arrangement between both people. and and you can you come up with the. labor rate based on that. so labor rates as expensive as they are. to the customer. and as frustrating as they can be. sometimes! are really not all that much because i'm. gonna say like. the top the top tier technicians in the. united states. i would say on average are getting paid. 25 26 dollars an hour. some get paid more major major. metropolitan areas and things like that. i'm talking about a general average. and correct me if i'm wrong in the. comments if you're going to pay more or. less than that. let us know but but i'm just gonna throw.
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