I would also be keen for a SHAG - this company's management has been and continues to be among the worst that I've ever dealt with and should be brought to account. Poor communication (i.e. no communication) and 'expertise' that has taken us from one train wreck to another (pass petroleum merger, Bongo, Lyon's Pt and now SD among many, many others). All done while taking the company to around 2bn shares with CR after CR.
Like many here that originally invested on the premise of FP over 3 (or it it 4) years ago, I am sick and tired of being led around by the nose (or is it wallet?) in one get-rich-quick scheme after another (i.e. virtually no DD on most investments as far as I can tell) and would like nothing more than the whole lot of them to be replaced with a fresh team that is willing to concentrate on the 1 asset that we have left.
While it is probably too late for us, this has been a valuable and expensive lesson in investing and risk management that I won't be forgetting anytime soon.
VIL Price at posting:
0.1¢ Sentiment: None Disclosure: Held
