The 10-Q will be filed within 2 weeks if past practice is continued. We can see what the fuller cash position is then (and btw thanks for highlighting that last time, the receivables and payables info slipped past me).
Chand, re your suggestion, if you are going to go down that path you have to know what it is you're going to put in place to replace the current management - who will it be, what credentials will they have, will you be able to get them on board. Personally I would never support a plan which only goes as far as calling for the replacement of current management - because thats only half the solution - the more important half is what will be the replacement, and why will it be better and how can we be confident that it will be better. If you take a look at that other aussie O&G stock that sandys has mentioned a couple of times thats what is happening there and its hard yakka for the guys who have taken the lead - but what they are proposing is the full package, not just the 1st half. I have spoken to the lead guy in that case and what they have done is impressive - but has been a huge undertaking on them personally and a massive drain on their personal and family time. That path involves way more than just posting some repetitive complaints on a stock forum.
Cheers, Sharks.
Add to My Watchlist
What is My Watchlist?