IMP imperial corporation limited

MiningnutI have the same feeling as you and have previously...

  1. 2,143 Posts.
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    Miningnut

    I have the same feeling as you and have previously stated so.
    The directors are a disgrace and I accused them at the AGM of cooking the books. Sadly they are able to get away with it due to pathetic shareholders and the failure of the ASX.
    If their recent asset purchase was the bargain they say it is
    not one broker believes them.
    They claimed they had 180+ active wells yet they did not even make a profit from them even though they had a very good price for their gas.
    The best thing they can do if they are genuine and their assets are what they are they should sell the lot and pay shareholders the money.
    We will suffer enormously from the reconstruction.Would like to see a new board put in from Maquarie that will shake up
    the SP.
 
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