DD...if it is only money, why don't you buy the share at the book cost from Long Term Holders of NTOG and relieve them from Pain and Burden. In our group, we have people who are 85 year old, who had put the pension believing what was written in RNS, people who can't work any more and invested in good spirit.
Please don't make fun of those investors, you never know how much pressure they are feeling, no body invests in share or do a punt if they have not believed in so in Matt, but then it is too late to take out because RNS is released better than the before.
If you can, say few good words, else please....you can write your own words... Respect the fellow share holders, as a human, if you can wish them they get their money back...Please....The only people who might have benefited are those with inside information, I dont see any other, if you made profit, how did you when all fo us making losses, did Matt told you upfront before, please reveal...
Well Said BTC. He always gets few investors on his side and get them attack the Investors who brought the shares before them. Standard Strategy of Matt over the years. It worked untill now, I must say not anymore.
My back ground it IT, I don't know much about Investing, but in few months, the Products which I am developing will give the advantage over these tricks and will be able to identify the incompetence in months rather than waiting for years. Trust me, every AIM CEO will hate to even see a person or work with, who became an Inspiration of my Company which is building up.
My Company Statement is "We are not here to do business with CEOs, listen what they say and be polite and obedient, but we will support the investors, root out the incompetence and encourage share holder activism".
As a CEO, I will not fear and we will become your backbone with information that CEO will find it hard to digest the facts. We will recover from those who made millions and I will choose the CEOs to whoms we start Negotiating. Those who dont deliver have got only 6 months of career forget 20 years or so. Those who does not work for the Investors will be made felicitated in the City.
We, the frustrated investors, will bring the change, this AIM needs.
Most people earn less in their lifetime than what ML has earned in 7 years being at helm of NTOG alone. Then take into account, directors fee's from subsidairies, other ventures such as PRS & Elephant Oil. And what exactly has he delivered for shareholders? Who's living the nice lifestyle?
Dont worry about ML's career, he's already done alright for himself.
I commend you for trying to do something to make a change but I feel its a no win situation. You've already had the standard treament of being blocked when questioning strategy/ability. You are not the first, nor the last. You'll be labelled as having an agenda and fall into that category to warn new investors. Why do you think all the researched posters have gone, all been blocked and banned from this site for sharing a different view opposed to the minions.
Fear and Stop Losses being triggered one after other, but it can be contained by releasing any of the positive news, if at all BOD is working on some assets.
Just because someone is a CEO, does not mean he is always right, being an egoistic will hurt much more that.
I would say...Lets come with a Plan, make share holders part of the plan, take feed back, explain to them what works from a company point of view, what not, not by phone calls and skype with few...have open dialogues, accept what went wrong, and he is planning to correct it and then finish with a word saying...I need your (share holders) support so that we can achieve together....
This will clear out ill feeling that happened in 7 years...Its only SP thats is drifting due to confusion, but he is also putting an nail on his career for the next 20/30 years...No company will accept a failure CEO....Its for his and us benefit...
ntog worth more than £1.5m on producing assets with oil price at profitable levels now.
It is the consolidation vote and assumption here that the end result will be dilution that has hammered the SP.
We need an update on Q1 so we get a better view of current production.
We need an update on financing for permian.
We need assurance from Matt that he will only seek equity funding for new projects if the existing Sp is high enough to fairly value the current assets. Otherwise we are selling ourselves on the cheap.
No one is fantasying to Join Board. May be Matt is feeling in-secured with the feeling that we want to takeover and your phone call suggests that. All we need was answers and the plan. Matt failed to provide any of those.
Is Matt and BOD sleeping all these days, they are the ones who should do something, not the share holders.
As mentioned, we will support them if they come up with a plan. We are taking opinions and if they have not done anything wrong, they should not be bothered at all.
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