Oil Search Valuation & Target Price, page-322

Perhaps i did not make my views very clear--I like the story--my call on the recent deal was --ambivalent--the reason being --shareholders are down and there is a risk attached to the takeover of interoil--now a further risk of a capital raising in the mid term-brent oil is going up and OSH were profitable--so maybe shareholders would get some respite--now its a PURE guess-The chairman says--shareholders will be rewarded--well i take him at his word,albeit with a modest timeframe-If that does not come to fruition i think in all decency he should resign as a matter of honour-If management accept the accolades they must be prepared to fall on their sword when they are wrong or all credibility is lost.Bear in mind their salary and gifted shares--that is for performance---well lets start to see performance