KAR 0.93% $1.61 karoon energy ltd

to the 12 suporters, page-67

  1. 12,390 Posts.
    "Yet they and others behind the scene are the real cause of our woes."

    Stevo I don't think Pegasus and Co are the only cause of our woes. Management and the board have to take responsibility for a grossly underperforming SP for the past couple of years. The way I see it this has been a festering sore which hasn't been addressed by Bob until he's been forced to address it. In one ear there's been a friendly word by a fund or 2, and in the other there's the screaming rantings of Pegasus and Co.
    Change is essential going forward to clean up the perception of wrecklessness. As Black says perception is the reality. I'm thinking that the forced changes which Bob has made is enough to deserve another shot at Brazil, so I've done one of Cujo's 360 degree changes in direction on this, perhaps give or take a few degrees.
 
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