We should remember Prov-- its exploration company as well, and some workers just do 9-5 keep exploring. What you suggest? Send them home until Bal-roe will be sorted?
Same people promised 20E per share few years ago--as you can see, market not react for they estimates any more
Cantor says 68p for barryroe post farm out. Doesnt sound like they expect a good deal.
Building the portfolio. Hope it works out in the long run, but as they say it is all down to Barryroe now, so we live in hope. [link]
Hi Callasjunkie , yes I think that is where I went wrong with PVR - I didn't discount enough for the quality of the management!
who sold 1.1 million shares at this price…and why
Hi Spuddy, fair comment and yes might distress the share price, however, the AGM is aimed at investors not farminees. If farminees don't appreciate what was said about horizontal and vertical wells they shouldn't be in the game. Hence not a reason for slowing down farm in. I just wish it would hurry up.......
to be fair warren has a few things to say about managment too: What kinds of management does Warren Buffett like? He likes managers who are frugal – the CEO drives an ordinary car and lives in an ordinary house and does not feel anything weird about that. The managers he would avoid are those who have a large tendency to want to brag. He also likes managers who are not self-aggrandizing. His ‘sort of guy’ would be the manager who would not waste money on painting his office.
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