the 3d board is a rubber stamp for n.n.
what part of the rant was wrong?.
has 3d actually done something and the market and i missed it?.
the last director appointed has one glaring qualification in her c.v.,and that is being a director of centro during it's interesting times.
it will take a 50% price rise for 3d to claw back the latest losses.simply appointing a female director isn't the sort of announcement that will do it.
noels refusal to make announcements except in the bhp 'when we get around to it' style cuts 3d off from many sources of speccie buying support. the smug refusal to put out an announcement when most other junior oilers would might come from the moral high ground,as noel says
"what if people buy shares because of my announcement,and loose money?"
or it might be simple laziness and inability to operate in the junior oiler space.
what if people sell the share because of lack of announcements and people loose money?. noel doesnt have the trader mentality to even consider this as part of his world. he is stuck in the old style 1950's bhp mindset and that is it. time to go.
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