The woodside receipt of cash RNS on Xmas eve, last half day of market before close ! Who the hell was that aimed at ! If you could pick a calendar market day to get the least effect of a positive RNS being carried through , That would have been it ! Why the bloody hell did they not wait until after the holidays ! Disclosure and all that yes, however come on, a few banking days for the funds to clear could easily have been used !
You are of course very entitled to that opinion. Larry will be well pleased as he does read these boards. However based on a broad representation of mails, posts, holdings that have communicated , your opinion is indeed a minority one no matter your comments on the silent many that agree with you and do not post. Dont worry, it is about an evolution not a revolution, we are not a militant protest group, more of a collective of shareholders who have decided to try and take a little more accountability in our investments and attempt to reach out proactively as an arm to the company. There is an awful lot of representation behind that...
Whilst you are more than entitled to your opinion, your pearl of wisdom in why the SP is where it is, is most certainly not valid or correct.. A Low crude environment leads to just as many synergy`s, opportunities and portfolio expansion directions as a high crude one..... if a BOD is capable of seeking them out. We have the funds to progress , do we have the brains ? £ 3 k an RNS ? , where you dig that one up from perchance ? even so - cheap at the price if actions are happening, you know what they say, you cant put a price on publicity ! Have a great BH weekend.
Good for you. The good thing about a democracy is we have free choice. Many of us who have joined the AIG have done so for a reason having taken into account Al those things you just posted. We are not a protest movement - we are an active investor group that wishes to support Chariiot in improving the communications with its owners. We continue to grow.
I have read little opposition to the ranting that's been going on here, so I'll voice what I (and what I suspect many other investors who read this board but aren't commenting) are probably thinking...
I see little point in your AIG. What it appears you really want; is to vent at Management because your investment has gone down.
I understand all of your frustrations RE: the low SP, but there is a genuine reason for this: The oil price crash has put a hold on most E&P activity. Period.
The BoD have taken a 50% salary cut and will get the other 50% in stock - They are aliging their interests with ours - the shareholders - and this is to be commended.
The reason there is no news flow is because there is little to announce. At £3,000 an RNS, I'd rather they save our money on not announcing fluff. Companies that constantly announce fluff are not taken seriously, particularly oil and gas companies. If you are a company that constantly announces fluff, when you do finally have something of value to report - it gets lost. We all know the story about the boy who cried 'Wolf!' Then you will all no doubt be complaining about why the market has failed to recognise the good news.
I hold a substantial amount of shares and will not be joining your protest movement. We need to get through this cyclical drop (crash) in oil in order to come out the other side to drill one of our prospects as well as advance others and that will take cash. We therefore need to save our cash and not waste it on pointless PR that will do nothing to promote the SP in an oil bear market.
Larry - if you read this board - I support you. Carry on being conservative with our cash, keep to your zero cost strategy and carry on trying to get us those farmouts!
Here's hoping F2F. Can we get any more livid with the bod ATM grrrr. Just some advice, jump on the DLR train from City airport to Bank Station. Traffic a nightmare from City airport direction due to Boris's cycle superhighway grrrr
Guys, Anyone feel Chariot will pull a fast one here and hide behind a telecon for the Interims? This will be the first representation of the AIG at this investor preso. The feedback I got from IR was the format would only be decided after the Monkey Survey was completed and collated... Can I assume that most of us put more F2F presos and RNSs and not tele- phone ins ? I urgently need to book flight down to London city red eye and back to Edinburgh late afternoon same day on the 23rd for this , I am flying out to Vienna the next day. See 60 New Broad St Fincap is approx 20 min from City airport, then FDR and walk to Fincap This is where they held the AGM.....
Growler, FQ, you feel it will be at the same place . see it was 10 AM for the AGM in June ...
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