PEN peninsula energy limited

Ann: Non-Executive Director Resignation, page-2

  1. 16,711 Posts.
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    Actually makes me really happy. As far as I'm concerned he was just as responsible for the debacle as Jim (Gus) Simpson. Sat at the table with Gus and me at a briefing. Knew I was completely wrong but didn't tell me when the share price was about collapse and Gus was about to run. I don't forget things like that and is responsible for being the object of some of my (now rapidly diminishing) bitterness. When he was promoted to Non- exec director after with all the extra free or low-cost options after that I'll never know (see a reason for bitterness?). No doubt he'll go to the next co. claiming a history of success. I see this stuff all the time, including with the guy who sold me my current house and ran just before Sons of Gwalia collapsed. It's part of a very hard lesson for me - that small caps are full of less than honest people. I invest there at my high and completely unseen risk.

    All IMVHO
 
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