AD gone, whats next?, page-2

you'd think so.

He was replaced with a corporate advisor Jeremy King and this is one nicely cashed up shell currently trading below its cash assets. He is also a director of OGY currently in process of a RTO.

They've stated in prevoius announcements that they are looking for new business opportunities after the sale of the Pandora gas fields, which is already completed with settlement occuring in a few tranches throughout the year.

Cash on hand at 31/12 was $1.1m, net proceeds of sale about $4.3m and no liabilities AFAIK.