IPB 0.00% 0.8¢ ipb petroleum limited

Agree @Glymac. Management also could have handled the last...

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    Agree @Glymac. Management also could have handled the last proposal of a farm out better imo ( Quay).
    For one, a little green on the subject of corporate trust… for instance, a down payment ( deposit $) before public disclosure ( ASX announcement) on the preliminary agreement.
    But past cannot be changed, learning is the positive outcome ( of course, most just cycle in habit; without the new learning of adaptive behaviour).
    Proactively speaking, a new agreement on a farm out and/or an acquisition of assets considered valuable by the shareholders ( and potential shareholders/investors) could spark interest back into IPB.
    Best of luck to all holders.
    Management do have some skin in the game; it can’t be simply a matter of longevity of staying on board just for their respective incomes…if so, their investments are certainly in the RED by now on paper at least.


 
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