'ioc.aussie' pid='70872' datel Wrote:Not arguing . Its obvious this has been carefully planned, and for a quick exit. they would have had expert legal advice before accepting the deal.
So, we have to consider what is best for shareholders. back to the resource CVR and worth.
I did not mean to suggest you were arguing, if it appeared like that, I appologize.
I agree, they have been planning a sellout for nearly three years, and this particular venture for over a year. Whilst I agree that safeguarding the PPS is important, (I am invested also) what is equally important is that the perpetrators of this are held to account. We need to clean house, and then we can work on the way forward with a clean path ahead of us.
With a successful resolution and a new BOD we will be able to address the debt issues and more IOC forward with a team that can actually do the work in country to get the PPS back up.