nk with respect, I disagree totally.
I read as much markt based intelligence as possible. But that sort of stuff, like the 5 year chart only re-inforces what I've been saying.
POO was $147/bbl. And AMU's profit fell, its SP fell, its disclosure/communication fell. About the only thing that rose was other oilers SP, profits, divvies etc etc AND the costs for AMU to pay its ever increasing board and management.
How big a bd/management do you need to actually grow the shareholders assets? Obviously in this case huge.
BTW dont "hate" this stock at all... in fact would have been one of the first in this co. just not convinced that Towner has the skillset to take it to the next level. While it may have been "his" Co. 15 years ago it became a public Co. when it listed and that's often when small Co's find the "entrepreneurs" who set them up cant grow them successfully.
I would love Geoff to prove me wrong.. but he hasn't over the last 3 years.
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