HZN 2.70% 19.0¢ horizon oil limited

afr, page-4

  1. M1
    493 Posts.
    Grim reading indeed. I noted the following point from the August 2014 article "Mr Emmett has been working hard this week to convince shareholders the Roc union wasn’t a must-have deal and that Horizon still has positive prospects."

    That comment was made when the share price was a woeful 23cents. Company is now drowning at 10c. Well done to the board of management give yourselves a round of applause and throw in a payrise and tell shareholders/investors in the upcoming annual report how you've been hard at it again building the company and shareholder wealth.

    Given what's transpired since I think board should be held to greater account and replaced and Mr Emmett who derives nearly $2M a year in income from being at the helm of HZN should be replaced also. Bring in fresh blood with a genuine passion to re (re)build the company! Good luck all, M1
 
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