drillsearch, page-13

Hi Odysseus,
Without trying to take sides or putting words in Buddy's mouth. The problem that I see, and perhaps Buddy sees is the perceived reckless use of funds. I don't see that BPT burning through hard earned funds in order to make DLS's balance sheet look bad is particularly prudent. Perhaps the means justifies the end in this case, but as a now long term holder I'm growing impatient with my bad BPT investment. Which probably makes me a lot more cynical. I wouldn't be as concerned if, as a holder I recieved something back on my investment. But when all I have to show is a 0.75 cent divi. I start to think that management are taking me as a holder for granted. If management want me to have faith in their dicisions, they should give me a recent positive track record so I can have faith in them.

Heaven forbid that they were to use some of that money, and for that matter other wasted funds into a fully franked dividend.