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Love you all. Love this dis-functional B board, love this this share, love this company, love this life. Time is short, maybe too short for this company to get up but we will still love life Ian am sure.
Replying to myself if you tou don't mind. Some say I am glad the bod have patience and will wait to flow test next season because panr will result in value add. Mmm not so sure myself, I think we are all outta patience with the 88e salary and performance based earners. Haha it's a classic con.
Proper planning and preparation prevents pis+ poor performance. We should not be in this position. This company never learnt the simple and most effective ways of achieving shareholder value. It's gonna be another very long year as the incompetent brand that is 88e continues....a quokka at the helm would be more effective. Miffed !
Predator, I live in Perth where their office is. I have fake police siren and lights suited to my car and a plastic badge that looks like steel. I also have a blue shirt that looks the part. Want me to go and rip them the f*CK apart? Need some cash though put into 88 Police Force. Got Dave Wall on the board.
It's all good Liney, we generally don't talk about it and it's and individual decision to invest. For many of us we have all been there over this journey. Many have lost and many have gained at a guess. Hold on till the time is right and your losses may become gains. Time will tell.
Haha Keefy, hope your well. We all use to give it a bit in the old days. I agree fella, if your invested I hope you hold and make some coin bud. Some of us have been in here a long time and deserve much better than this. Absolutely sh*t for some folk.
This has stretched on for so long (years) with no fruits (real fruit other than trading dips and peaks). I know they could have flow tested this season. But... Maybe they didn't want to get closer to the result... Just yet. The longer it is stretched, the longer the MD's etc are paid handsomely. It's a big con to an unlikely magic result. Standard West Perth. Generally set up that way and that's the business plan, not illegal but maybe not entirely ethical either. Crooked *****
Yep, I think the history of missed targets, sloppy schedules and consistent disappointments have impacted. In this case I think they could have flow tested this season if they were better prepared. Don't think people will pile in now and wait for a flow result in 8 months time, defo closer to the test if oil prices are buoyant but most would wait at a guess. We are almost at our yearly low of 0.39 which is disappointing. Anyhow where's Brom?
100% agree musk. Anything is possible, I hope it goes the former sky high. All about trading and taking the chance of the in and out. Some such as myself have been here for many years and since we invested share price is negative from 7 years ago. Not to say money hasn't been made along the way for SH but company value and worth has been pitiful given effort exerted.
Either way all will be good for management and their remuneration. Same as it's always been. It's a vehicle to make the rich richer. Sad but true. I do hope the logs are good, only problem is the 8 month distance to flow tests so I think either way we are bogged for the moment.. same old as Dave , rinse and repeat.
I agree. I also think about the general poor performance of this company. Alot, if not most are set up to line the pockets of the crooks that set them up in conjunction with their board member mates. Doesn't have to make make money for SH in a general sense. This has been proven. Just has to make them money which it does as they keep getting paid through raises, shares and option entitlements. West Perth though and through.