By Tom Winnifrith | Tuesday 15 September 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
What the bloody hell do those useless tossers at New World Oil & Gas (NEW) think they are playing at? Last night the feckless twats confirmed they are going to waste shareholders’ money in a pointless conference call on Thursday. The bare minimum this will cost is £5,000 and is a total waste of everyone’s time and of shareholders money. These directors know they are done for, so why don’t they just have the common decency to take glasses of whiskey and a revolver into the corporate study and do the decent thing?
Say whatever you will about legal-high toating, flip-flop Turney, he’s come up with a plan B which will create value.. No-one wants the proven failures of the current board to come up with an alternative plan ( apart from one loon - see below), everyone just wants these tossers to FUCK OFF & QUIT.
Flip-flop’s action group now has an official holding of 11.05% in New World. It also claims to be aware of at least another 6% of shares that will vote in favour of Adam Reynolds’ bid to take this POS company in a new direction. New World’s current board stands no chance against this and should have realised that when their only public friend is the market-abusing loon Chris Oil they are really in trouble:
Who knows, perhaps legend in his teddy bear pyjamas Oil’s illiterate Tweeting might provoke a Corbyn-esque surge of support for New World’s board?
Then again, perhaps it won’t.
Thursday’s call is a farce and the sooner this bunch of directors stop pissing shareholder funds away, the better.
Bring on Adam Reynolds!
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