VPE 0.00% 41.5¢ victoria petroleum nl

SF, I can assure you, I know about the strengths of VPE's...

  1. 638 Posts.
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    SF, I can assure you, I know about the strengths of VPE's assets.

    However, in my experience, incompetent management can ruin a company with even the rosiest fundamentals. Case in point: ADY. Once had a brilliant future, today a complete basket case.

    That's why I am concerned about incompetent and self serving management, where ever I see it.

    In VPE's case, there is certainly a competency issue, as 27 years of failure to deliver a profit shows.

    Self serving? Just look at the recent 'performance' option issue, which even Tui found objectionable.






 
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Currently unlisted public company.

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