Late news, is always bad news. Very poor investor relations, now expected from Foo.
Incredible incompetence by Foo and the directors.
Quarterly update, another Foo balls up.
Foo's once again been unreliable, he does not deserve the fantastic remuneration he takes off the company.
Where did the $50,000,000 go?
Administration costs are exorbitant, too many snouts in too big a trough.
Why don't the directors buy shares?
The directors salaries and royalties are a scandal!
50.000,000 loss, and another snout in the trough.
Foo will be desperately trying to cobble some bull sh.t together, to placate the gullible.
Foo is an habitual liar, expect dilution.
If we are not in group profit, why is Foo taking royalties?
Just looking at last years accounts, directors remuneration $1,792,000 quite a good wage for Cameroon, Foo taking the lion's share of $573,000, he gave himself a $260,000 pay rise over the year before, so he must have been working hard to justify it. I wonder how much he will pay himself when we actually make a profit.
VOG's share price will stay in the doldrums until Foo goes.
VOG. I hope their is no contagion from the terrorist attack at Kerawa yesterday, in the extreme north of the country, bordering Nigeria, resulting in the deaths of at least 30 souls. These actions occurred about 800 km from Douala as the crow flies. The effect on SP at the moment is not apparent.