question, page-38

re: = 1.90 soon? = 26102005 ???
You are spot on 4ls and H, the shareprice has gone down because there have been a number of dusters in a row, not because of management blunders.
The shareprice 12mths ago had factored in a certain amount of success from the current and past drilling, which didn't eventuate, that is why the shareprice hasn't performed well, not alot management can do about that. To suggest that hdr should drill in known oil fairways just to have a success is ludicrous. That would really have the investment community asking questions as to managerial competence.
Enron and HIH went under because management lied and undertook corrupt and unlawful practices, not because shareholders didn't ask questions. I hope we are not advocating that management lie to us, just to make us all feel good.
Davfitz, you probably haven't received a reply to your e-mails because from what I can tell, you didn't actually ask them any specific questions, just had a general winge.
I will be interested to see what questions all the wingers actually ask at the AGM. Making a fool of oneself in person is quite different than from the anonymity of HC.
Oil production will re-rate the shareprice and I'm sure, given time we shall experience more drilling success from the MANY other areas of interest.
In the meantime ppl, be realistic.