01-07-2014, 07:40 AM
'You are what your record says you are' It had been a month since the "Transformational Deal" has been announced. Management claimed it was a great deal. Management promised more information soon. They hit the road doing 4 presentations in three countries the week after this great deal was done. They claim more gas will be discovered as they as they start 3 drilling rigs. They claim the IPI issue will be settled as a neutral transaction. Great deals don't give shareholders 50% less value. Something is wrong. I guess that is what happens when a CEO that has no shares is put in charge of creating shareholder value.