EMP 0.00% 1.7¢ emperor energy limited

where's the rabbit?, page-6

  1. 754 Posts.
    HB
    I by "worrying to hear" you mean Kosmos lack of understanding about a situation or process and then publicly runs down management for the companies lack of performance along with the recommendation for a take over, then yes whilst I feel his frustration I agree, to comment in that fashion is worrying.

    Then there is the FMG comment which if you read & REMEMBER the posts & Ann's about that time it was well explained.
    When you first enter into discussions with a party for a deal what is first put is not always what one party or the other wants to finally agree to.

    Company heads are responsible for shareholder value in the long term. The deal with Albers was said to be a better outcome than that which was finally proposed at that time.
    I personally am glad that the FMG deal didn't go ahead & said at the time that business tactics would be for them to string us along until time had run out & then offer us a deal we couldn't refuse.

    Luckily there was another string to the bow.

    DONT UNDERESTIMATE OUR MANAGEMENT & the resources we have & certainly don't first glance hold them responsible for matters completely out of their control.

 
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