This sums it up pretty well. "Diluted itself into a corner" "Need ASX to start believing in them"
As some may have noticed I am not a fan of the CEO, and quiet frankly I don't think he is cut for the job. I cannot help always thinking it is about his personal gain first and everything else after. Maybe this redundant announcement (x of many) is a desperate attempt at having a better SP to sell of the current project. He should be out in full force laying out plans and options to regain confidence.
https://hotcopper.com.au/news/asx-news/148482/hartshead-picks-up-10-blocks-offshore-uk-in-latest-north-sea-auction/
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