I don't claim to know more than Malcy but I think the position with todays RNS is crap.
Unless there is something untoward I would expect them to have sorted the directorship problem out without the need to suspend trading down under. It sounds rushed and far from ideal to me.
I liked Chen and think he has sailed the ship through the storm. A couple of points have been raised on other boards. The 1st is the link to Landau, I doubt this is the reason but could explain the sudden need to leave. The second is the fact that we are potentially on the verge of sorting the waterflood and/or the MD250 platform drills. Shocking that he would leave on the verge of good news unless he knew the news was not as would be wanted.
I can't imagine that someone would put in all the hard work and let someone else get all the pats on the back.
Will be happy to see the contrary, I am still holding 2m before someone accuses me of selling up.
It is nice to see the market is unphased by the RNS but I don't like the lack of clarity and the rushed nature of it all the same.
Also, I wonder if the 4m sell was Chen selling up some of his holding?
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