EMP 0.00% 2.1¢ emperor energy limited

where's the rabbit?

  1. 630 Posts.
    It's time for OBL management to pull a rabbit from the hat and thus restore siome credilibily. The sale of Cyrono would be good, but my preference would be for the Albers Group to consolidate their interests and have Cue Energy takeover OBL. CUE management could surely do a better job than current mob running OBL. I guess the greatest impediment to such a senario is what the current board of OBL pay themselves. Administration costs would appear to be running at over $2.5 million pa, which is simply outrageous. I have absolutely no confidence in OBL's management, given the last years performance, but cannot bring myself to sell at this stage.....then again, won't be a buyer either. Perhaps Neil and Kim might draw a rabbit from the hat and all will be forgiven.
 
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