TAP 0.00% 7.8¢ tap oil limited

failure of corporate strategy, page-19

  1. 312 Posts.
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    LOL Coopec, Tonga got ya there :)

    For the record my criticisms of TAP (management)are on 3 points;

    1. Inability to control Admin costs

    2. Never pay dividends, even when there is plenty on money in the kitty.
    and

    3. They seem to be in a hurry to sell everything all the time rather than to convert to production assets, I personally would like to see at least 1 of WA permits with good gas finds kept and developed to underpin the companies future.

    Starfish, I disagree with anyone criticizing TAP's participation in that drill. We don't invest in exploration companies not to take those risks.

    Cheers

    Cheers.
 
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