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What's happening at VOG? Forget the AGMs. Just look at the SP. The market is never wrong. It sees VOG for the dog it is. Where is the accountability of management to its shareholders? All their presentations are complex. This means things are not well for the company. News blackouts are horrendous. Important data is drip-fed to shareholders at best, often 6 months past the sell-by date. There are too many amortizations which are never explained. Not good enough Mr Foo! VOG hierachy embarks on drilling projects without proper consent from shareholders, and the risks are never properly and honestly defined. VOG is now teetering on the edge. A single wrong move from Foo et al could sink her.
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