CVN 2.94% 16.5¢ carnarvon energy limited

Ann: Results of Meeting, page-19

  1. 160 Posts.
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    My previous post was my opinion that management have made a very poor decision at the wrong time to seek performance shares given the situation with STO and it's legals.
    Management is there to manage with current, with foresight and sometimes legacy issues.
    The appearance at this time is inaction.
    The CPC sale was a good move but I doubt this current management is working overtime and underpaid.
    Is just a bad look to now ask for more when the FID now looks to be further delayed.

    I am all for performance and given assets in the bank and in the ground the current management needs to be congratulated. If they plan to sit and not actively manage those assets I don't see a smooth sail without some action given the voting result at the AGM.
    CVN is well resourced. It doesn't have to have tunnel vision or be a one trick pony..

 
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