RE: AGM12 Dec 2019 14:13
All-
The chatboard silence this morning is deafening, as we watch FOG dribble down. Despite the dismal share performance, I have continued adding and have purchased 400,000 shares of the additional 500,000 shares I said I would add. Will see what today brings, but possibly will add the last shares today to roundup the position to 2.5 million. Beyond that purchase, I suspect if the shares continue to trade lower, possibly below my 10p target, I may initiate a new buy program. Why? Because despite what most of you know are MY reasons for the dreadful downward price of our shares, the FACT remains FOG looks interesting based on what Origin has provided us.
In summary, the deal POQ struck with Origin, I have to take my hat off to him...well done. Since then there has been little to cheer up about for most of 10 years. With regards to my past suggestions and the "none responses", at this point I can only shake my head, choose to add or sell shares and be sympathetic to my fellow shareholders. The entire board I am guessing believes all they are told by our leader and thus, either we are where we are because the board believe POQ is right or there is something none of us have been told, which may account for them (the board) not putting their personal money into more shares in a sign of confidence each of us makes when we buy more shares. Let me end this with the simple reason I continue to yes, harangue. We shareholder have been too complacent. There were things I believe could have been done based on my 50 years of experience. The board and POQ have apparently never considered that "this guy might be right and we should at least answer TRUTHFULLY his questions and discuss his suggestions". Enough and if you do not like these comments / observations, feel free to tell me and will act accordingly, based on your inputs.