ACN 0.00% 28.5¢ acer energy limited

Looks like I got a few reactions to my comments.My preference is...

  1. 780 Posts.
    Looks like I got a few reactions to my comments.

    My preference is not to extend my exposure to INP as I already hold in excess of 100k shares. I believe in the LT of INP but I still do not think the Management are any good at Management (they may be good geologists) but I am prepared to hold on for the time being.

    Reasons why I do not like management:

    1) initial disclosure by MD of mega field has still not be confirmed by indep consultants. Why?
    2) Oil production is months late. Why?
    3) They are still mucking around with approvals and do not keep their shareholders informed. Why?
    4) when contacting the company I find them extremely rude and they actually stated that they prefer not to have to deal with questions from shareholders. That's bad PR.

    In my opinion, they should have informed us by now when the independent report will be released (its late as far as I know) and which month in which year will oil start flowing.

    I guess I am not a member of the MD admiration society.

    Anyway - I do hope we are all successful in the end.
 
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