RE: Bank accounts24 Oct 2018 13:42
I agree with Krull. THe Current Board was deeded as incompetent , but just charge a lot of management fee but doing nothing (check the history ), two previous major shareholders attempted to force BOD out back in 2014-2015ish if I recall correctly but failed, so they sold to the Mr Mr Kononov, who happens also a banker ! So he is the one planing a total control of UEN, easily done with 44% now! This is well planned move with controlling the cash generator (the field) , and the port , then build to 51% in next few days, then openly challenge the BOD to step done , a new management team was ready back in 2015-2016! I put my money where I mouth is by adding more. GL All. PS: All can be checked as facts and no advice intended but a personal position.