Once apon a time there was a small oil and gas exploration company called Southern Petroleum lisited on the NZSX.This company was bought out by the major shareholder,Fletcher Challenge/Shell oil.This started off the largest and longest insider trading case in NZ history.14 years plus and I think it is still going on.Gave up on getting any of the money which I still believed was owed to me many years ago.
Once bitten twice shy!!!
At this stage BG Group is just a shareholder of VPE just like us and we as shareholders need to be kept informed of all developments in a timely and accurate mannor by our MD.
We should not need to go to the ASX to force JK to release information.
From the horses mouth (so to speak)JK(MD)"I would like all disaffected shareholders to contact me as you have discuss their growing negative response as this is not the shareholder family that VPE would like to have"
I informed JK he might need a big mail box.
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