options 1.the shareholder is the owner,the directors and the...

options 1.

the shareholder is the owner,

the directors and the executive team are responsible to the SH,

the director/executive team may also be SH,

and sometimes, changes need to be made for the good of everybody involved, and sometime being a director who is also a shareholder, you are damaging yourself in the process,
but hey remember, that why they gave themselves heaps of free options and shares, without having to put their hand in their pockets.

IMO, they are a bunch of totally negligent caretakers.

I truly believe, that with proper planning and understanding of the structure, any other experienced company would not have re-entered a well that was known to be problematic. And if they did would have had a solid plan to deal and isolate the aquifer from the oil column.

We can go on for ever about these mistakes.

And one more thing, it has become apparent that Nido utilise contractors for everything from drilling, to planning, to wiping their..... . Who is to say that these advisers had the adequate experience to deal with job at hand. Where was the (in)experienced Williams????

back to option 1 - open the door and sweep them out.
Keep jocot on a performance basis only to sort out the legal rambling with the pines govern, and reduced salary, and get a proper oil/gas man to run the show

Mistake after mistake = negligence IMO