Providence Resources - Hello there AS - There have been some bad...

There have been some bad decisions taken at Providence on that we can all agree and all are unhappy on the salaries of management and the financing of the Irish sailing team and on the way we were uninformed regarding the Transocean case etc etc. However there are however new shareholders in the company and have been for nearly a year now. I do not believe that these new shareholders will accept the same BS as before and they must believe that the management has a plan. Paid bashers I do believe can have a very negative effect in general when the Oil environment in general is so difficult. With a share price falling and being shorted it makes it more difficult to go for equity capital raise as the costs to existing shareholders become unpalatable. Others may disagree and believe that negative paid bashing has no effect at all. Believe that things are afoot now and like all will just have to wait and see what happens