ppl love bagging management but I would ask what have they not delivered on. Are they not delivering wells? Have they not given us more acres? Has the profit and the FCF not increased over the past few years?
They only thing that has not worked is the sp. The one thing that is out of managements control. They cannot manipulate that. If the sp is low is is firmly the shareholders fault as they are the ones selling.
The ppl that continue to bag out management are the ones that either hold no shares or have no experience in managing an ASX listed company. That is enough to put them on ignore as their opinions have no value.
Personally I am happy for them to be selling…I am buying assets cheaply.
ppl love bagging management but I would ask what have they not...
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