BPT 0.77% $1.64 beach energy limited

Ann: Business Update Presentation, page-92

  1. 4,836 Posts.
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    I hear you Batohbk

    It looks bad I admit but is there any evidence that directors or insiders have been selling. Is there any evidence how long they knew what was going on or is that all speculation. Yes you are correct by virtue of the fact they had to right the report they had to have known what was going on.

    I'm not trying to minimise it but would like to see the wash up - it may have been a genuine oversight which should lead to better processes in the end.

    One question I would like to know what part did Covid 19 have to play in all this and what were the staffing levels like. Were people working from home, did processes get circumvented.

    What people are saying is that this is pure negligence or incompetence if you will, and if it is, then a review of positions is warranted. However, it might also be the case that shit happens and it will be the recovery that matters.

    I'm not trying to diminish things here just providing a different perspective from the shoot first ask questions later crowd.

    Anyhow I'm in for the long term seen this all before. As someone said the weekend will see cooler heads prevail.

    Cheers
    BW


 
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