MEO 0.00% 0.0¢ meo australia limited

If the company really wants to restore confidence with...

  1. 1,849 Posts.
    lightbulb Created with Sketch. 88
    If the company really wants to restore confidence with shareholders, I suggest they re-think the recent review of the company and tell us why they sole funded Gurame 100% and didn't drill to TD.

    This was a serious mistake and the Chairman should now take appropriate action against whoever made that decision.
    If it was the entire board, then they need to 'fess up and say so.

    If this was a private company, that person would not now be enjoying his/her highly paid employment.
    Just because it is a public company, they seem to think it's not their money they are gambling away with doubtful drills with no repercussions.

    If the Chairman, as head of this company cannot make those hard decisions to discipline his board, then he should perhaps re-think his own position.

    If nothing further comes from this, then lookout at the next AGM where shareholders will ask for their removal.

    The days of the gravy train are over.

    Enough is enough.
 
watchlist Created with Sketch. Add MEO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.