Aug 01, 2011 (The Australian Financial Review - ABIX via COMTEX) -- A new ranking by "The Australian Financial Review" of the most powerful chairs of listed company boards shows many hold several such positions simultaneously. Ian Middlemas is the chair of nine groups in the resources sector, but maintains that he is able to handle the combined responsibilities. Most of the companies he heads are of small or medium size in terms of market capitalization. However, Coalspur Mines is worth $A1bn, helping to elevate him into the top 50 chairs.
Ian's profile is starting to hit many mainstream newspapers and I'm very confident investing in this shell.
Have spoken with company and they are actively looking for an acquisition in the energy sector...nothing yet has ticked the boxes.
Patience is the key with this company/shell...
Goodluck holders
ODY Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
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